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  • The Chain Newsletter | December 1, 2022

The Chain Newsletter | December 1, 2022

Welcome to a new issue of The Chain, an easy way to stay updated on supply chain, procurement and logistics news in Asia in one quick digest.

As always, we welcome your comments - simply reply to this email with your suggestions. Also, please feel free to forward this email to your colleagues or ask them to register here. Enjoy the read this week!

๐Ÿšจ Everyone's talking about...

While many thought supply chain issues would be an issue of the past as the world returns to normality, the reality is that we may be heading toward more.

๐Ÿ“ฐ Other News

Nvidia Corp. will relocate its Hong Kong-based logistics center to Taiwan, according to Minister of Economic Affairs Wang Mei-hua (็Ž‹็พŽ่Šฑ).

Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group's logistics arm Cainiao, in a deal that could fetch up to $1 billion.

Salaries in logistics are likely to increase more than those in any other sector participating in a recent survey in Singapore.

Unionized truckers in South Korea kicked off their second major strike, threatening to disrupt manufacturing and fuel supplies for industries from autos to petrochemicals in the world's 10th-largest economy.

The Hong Kong Special Administrative Region government is setting up a logistics park in Zhuhai to handle Chinese mainland cargo from outside the Guangdong-Hong Kong-Macao Greater Bay Area.

The Multi-Modal Phnom Penh Logistics Complex was officially unveiled to transform Cambodia as a high-potential logistics hub that will be a connectivity point for serving regional trade, according to a release.

Place a sponsored post & reach 50,000+ of supply chain, logistics and procurement professionals in Asia. Click here to see our various packages.

๐Ÿ” Insights

Friend-shoring may seem like an economically conscious alternative to onshoring but it could shut off avenues for growth and deepen divisions between countries.

By leveraging tech and tapping into the e-commerce boom, Indiaโ€™s logistics players are not only democratizing cross-border commerce but are expanding their market horizons

Operational excellence and engaging the right partners explain the staggering success of LF Logistics, says Senior Vice President, Head of Country and Business Development, Joyce Ramos.

Read more relevant news and updates on the Supply Chain Asia blog.

๐Ÿ“… Upcoming Events

Transportation Management Asia will give you the opportunity to learn about the latest practices, cost-cutting strategies, innovative processes and ideas, and the latest solutions for optimizing transportation and multimodal logistics in Asia-Pacific.

Global Supply Chain Council and Supply Chain Village propose on December 14 at 11:00 am (Paris time) a session of reflection on the theme: Taiwan, China and the risk of Global Supply Chain Disruption.

For the full calendar of meetups, webinars, forums and summits, click here.๏ปฟ

๐Ÿ“บ Featured Video

๐Ÿงฐ Startups & Innovation

Last-mile delivery quality here has room for improvement. Are there too many logistics players and can consolidation or technology help?

See the latest supply chain startups and solutions on ChainTech

ChainTech Show

We interviewed Michiel Valee and discussed his background, what made him starting the company, the type of solutions they provide, the competitive landscape and much more...

Visit https://www.cargoplot.com/ for more information on the company

๐Ÿ“ˆ Chart/Image of the week

๐Ÿ’ผ Latest Positions

Apply for Supply Chain Manager Indonesia & Thailand job with Philips in Jakarta, Indonesia and Bangkok, Thailand. If you are interested, click on the link below to apply.

Nestle is looking for a Customer Facing Supply Chain (CFSC) who will lead interactions with customers, driving value for both Nestlรฉ and their customers. Click on the link below to learn more.

View more interesting supply chain positions on our Job Board.

๐Ÿ’ฒ Advertise in The Chain

Did you knowโ€ฆ

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๐Ÿค Last but not least

Chain.NET is Asiaโ€™s largest social network for professionals in supply chain, procurement, logistics & operations management.

That's all this week, I hope you enjoyed this week's issue of The Chain!

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