Simply dumping a non-compliant supplier is probably the most disruptive option, and also in many ways the least good one. Better, in most cases, to deepen the relationship and offer genuine solutions.
The impact of underlying demand takes time to show up in warehousing, because of industrial real estate’s long lead times for planning and multiyear leases.
President Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China.
China is an extremely important market for Tesla, where its existing car factory on the outskirts of Shanghai produced almost 711,000 cars in 2022, or 52% of its worldwide output.
Harpinder Singh, managing partner of Innovation Endeavors, discusses problems to be solved and capabilities of startups to be considered before investing in this space.
The bank says the research shows global supply chain pressures decreased again in March, falling from .28 to 1.06 standard deviations below the index’s historical average.
The executive said he’s ordering new ocean-going vessels despite a slowdown in the industry following a boom during the pandemic, when some freight rates rose to record levels.