In a concerted effort to bolster supply chain industrial relations, a mission to Bangladesh has focused on key areas such as collective bargaining, legally binding agreements, and effective dispute resolution. Currently, an interim dispute resolution mechanism (DRM) operates for all non-health and safety complaints under a collaborative agreement. Health and safety issues are addressed separately.…
A new third-party logistics and managed supply chain services platform is transforming the food and beverage industry. Established to address the specific needs of the food and beverage sector, this platform offers scalable, custom distribution strategies and solutions in managed supply chain services. The platform provides businesses with personalized consulting and advanced technology to help…
The global semiconductor supply chain is undergoing significant changes, driven by geopolitical factors and post-pandemic adjustments. Research indicates that this shift is creating two main segments: China’s domestic supply chain and a non-China supply chain. Recent U.S. tariff increases have accelerated this trend, according to industry analysts. A new joint venture announced on June 5th…
The European regulatory body has recently introduced a series of recommendations aimed at bolstering the supply chains of essential medicines identified as vulnerable. This initiative seeks to enhance the availability of critical pharmaceuticals and address potential supply chain risks. The regulatory group responsible for monitoring medicine shortages has developed these recommendations under a specific EU…
As multinational companies worldwide prioritize the diversification of their supply chains, two rising Asian economies have emerged as key beneficiaries: India and Vietnam. According to a recent analysis, the electronics and machinery sectors in India are poised to experience a significant increase in exports in the coming years, positioning these nations as attractive alternatives within…
In a significant move towards bolstering Japan’s hydrogen supply chain infrastructure, a coalition of more than 400 Japanese companies and organizations has announced plans to establish a $1 billion fund. The initiative, set to be launched as early as the fiscal half ending September, aims to prioritize investments among the countries participating in the Indo-Pacific…
Researchers from a leading university have found that improved refrigeration could eliminate nearly half of global food waste, significantly enhancing food security and reducing climate impact. The study reveals that about a third of the food produced globally each year goes to waste, while approximately 800 million people suffer from hunger. By implementing fully refrigerated…
The electric vehicle (EV) market is experiencing rapid growth, with projections indicating that EVs could make up 86% of global vehicle sales by 2030. This surge is driven by increasing environmental awareness and government incentives promoting cleaner transportation options. A crucial opportunity within this momentum is the enhancement of the supply chain for essential minerals.…
The global effort to diversify supply chains beyond China is creating significant opportunities for India and Southeast Asia. Recent policies and initiatives in India, such as the Make in India initiative, Industrial Corridor Development Program, Production Linked Incentives (PLI), India Semiconductor Mission, and National Logistics Policy, have successfully elevated the country’s global standing. De-risking supply…
The Philippine Economic Zone Authority is implementing advanced strategies to revolutionize the logistics and supply chain sectors, aiming to attract more industrial investments and bolster ecozones. At the Future of Logistics 2024 forum in Makati City on May 29, the authority’s director-general highlighted transformative measures to enhance service delivery. Key initiatives include automating systems and…