This is your weekly supply chain bulletin from B2BE for the week starting 12th June 2023.
Each week, we bring you a rundown of the latest trends in the news from across the supply chain industry. We cover the issues most important to you, bringing you useful links to the full articles. This ranges from news on various supply chain disruptions to strategies to lessen the damage. We also include other relevant supply chain related updates. If you missed it, you can read last week’s supply chain bulletin here. Read on to see what’s making the news this week.
The big-name victims of the global supply chain hack
Major global corporations, including British Airways, have fallen victim to a large-scale cyber-attack. According to an article on ABC News Australia, the breach has exposed the personal information of millions of customers. In turn, this also has raised concerns about data security and the vulnerability of our beloved companies. This cyber-attack has highlighted the critical importance of safeguarding our digital infrastructure and has sent shockwaves through the corporate world.
Barrow and the UK’s Submarine Supply Chain
This in-depth piece explores the strategic significance of the Dreadnought program and its impact on the Barrow shipyard. As well as assessing the broader submarine supply chain in the United Kingdom. Gain a deep understanding of the cutting-edge technologies, intricate engineering challenges, and skilled craftsmanship required to build these silent behemoths of the sea.
Investment into tech is causes microchip supply chain issues
With the race to secure crucial semiconductor chips intensifying, Western tech companies are embarking on an unprecedented spending spree to bolster their chip manufacturing capabilities. Strategic moves and investments being made by prominent players, therefore revealing the significance of chip production in maintaining technological leadership and safeguarding national security. Learn more about the intricate interplay between technology, business, and geopolitics as the tech industry in the West navigates the chip crisis and seeks to fortify its position in the increasingly competitive global arena.
Nearshoring rush increases factor space in Europe by 29%
Offering an intriguing perspective on the intricacies of global supply chains, the piece sheds light on the ongoing challenges faced by businesses amid a shifting economic landscape. There is a delicate balance between cost efficiency and resilience in supply chain strategies as disruptive events, such as the pandemic and trade tensions, have prompted companies to reassess their sourcing strategies and consider regionalisation as a means to enhance flexibility and mitigate risks.
About B2BE
B2BE delivers electronic supply chain solutions globally, helping organisations to better manage their supply chain processes, providing greater levels of visibility, auditability and control. We’re driven by a passion for what we do, inspired by innovation, and underpinned by a wealth of knowledge. With over 20+ years of experience, the B2BE teams operate worldwide.
For more information, visit www.b2be.com.