Global Scans · Logistics · Weekly Summary

• In the longer term, Indonesia is expected to benefit from higher foreign direct investments due to changes in the global supply chain as producers / manufacturers look to diversify their production base. Lombard Odier
• ACN would leverage Tenchi's SaaS platform as a new component of its managed security services offering to help organizations reduce cyber risks across their supply chain. StockNews.com
• Disruptions to supply chains related to the COVID-19 pandemic caused American companies to look for supplies closer to the United States. newsdirectory3
• Purified acid supply in North America and Europe may need to double by 2045, depending on how the global structure of the EV supply chain crystallises. NT News
• A new project in Italy is investigating whether shorter supply chains can help develop sustainable business opportunities and add value for farmers. FoodNavigator.com
• As U.S. manufacturers and retailers seek to diversify sourcing strategies to minimize supply chain risk, nearshoring is expected to continue growing, creating the opportunity for higher volumes of cross-border, over-the-road shipments. SupplyChainBrain
• The current climate of shipping lanes and logistics, particularly affected by events in the Red Sea, presents several significant disruptions and adjustments within the global trade and transportation sectors. MultiModal UK
• The volatility of the Red Sea situation and the ongoing disruptions, plus the Panama drought significantly reducing Panama Canal shipments, will further affect container shipping and the global supply chain as a whole. Expense Reduction Analysts
• Supply chain disruptions, exacerbated by the latest conflict in the Middle East, added to extra wage costs as the scale of pay rises tried to keep up with the pace of inflation. This is Money
• Accenture's Cyber-Resilient CEO research found that around half of CEOs ranked supply chain as the second highest external risk, underscoring the vulnerabilities of global organizations across their value chains. MarketScreener
• In 2024, key trends in the additive manufacturing industry involve organizations increasingly incorporating additive manufacturing into production operations to mitigate supply chain risks, enhance product design flexibility, and reduce manufacturing costs. 3D Printing Industry
• With carriers' needing to absorb additional capacity continuously over the next two to five years, active use of capacity management, and the negative impact it has on shippers' supply chains, should be expected as the norm. Logistics Management
• Global semiconductor shortages, driven by high demand during the pandemic and ongoing supply chain disruptions, have impacted the electronics industry over the past two years. Gartner
• The Chinese government's continued use of forced labour in Xinjiang, and the failure of car companies to adequately address forced labour risks, underscore the need for governments to require companies to map their supply chains and eliminate links to forced labour and other human rights abuses. Human Rights Watch
• For indirect suppliers like Henan Shenhuo, Germany's supply chain law requires companies to respond to human rights risks where they have substantiated knowledge that a supplier may have violated human rights. Human Rights Watch
• Supply chain disruptions pose additional risks but also may create opportunities for Slovenia in the event of nearshoring. seenews
• Even without operational control of joint ventures, carmakers still have a responsibility under the UN Guiding Principles to use the leverage they do have to ensure joint ventures address the risk of forced labour and other human rights abuses in their supply chains. Human Rights Watch
• Car companies have a responsibility under the United Nations Guiding Principles on Business and Human Rights to prevent or mitigate the risk of forced labour and other human rights abuses directly linked to their operations by their business relationships, including through their supply chains. Human Rights Watch
• Nearly all markets globally recorded positive real rent growth, amid positive demand, low vacancy, and the need to evolve supply chains in response to changing consumer expectations, operational challenges and persistent disruption. Building, Design & Construction Magazine
• Amid global challenges such as supply chain disruptions, trade slowdown, and the impact of Artificial Intelligence, India emerges as resilient, having successfully navigated past shocks. CAclubindia
• Facing weak demand in the United States and Europe, retailers and manufacturers are looking for new markets or for new sources to de-risk their supply chains. Logistics Management
• Two months of Houthi attacks on Red Sea shipping have disrupted global supply chains and raised the cost of the cargo trade, risking a major economic impact. CNN
• One of the busiest global shipping routes along the Red Sea has been disrupted after Iran-backed Houthi rebels began targeting vessels in retaliation to the war in Gaza, the latest in supply chain disruptions after the pandemic and strained ties between the west and China. Hindustan Times

Last updated: 10 February 2024