This is your weekly supply chain bulletin from B2BE for the week starting 24th April 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.
British companies brace for potential Taiwan conflict and supply chain disruption
Tensions are rising between China and Taiwan, and British companies with operations in Taiwan are preparing for the potential fallout. According to a recent article in The Telegraph, these companies are bracing themselves for a possible conflict between the two countries, which could have serious implications for their supply chains and operations in the region. China has claimed sovereignty over Taiwan and has threatened military action to reunify the territories, sparking concern among businesses with investments and supply chain links in the area. The article emphasizes the need for UK companies to take proactive steps to mitigate the potential risks associated with the situation, such as diversifying their supply chains and considering alternative locations for operations.
FTSE 100 stocks show promise amidst supply chain disruptions
The FTSE 100 stocks are showing signs of strength, but supply chain disruptions could derail the recovery, according to a recent article in Yahoo Finance. The article notes that while the FTSE 100 has shown impressive growth in recent months, the ongoing supply chain bottlenecks could have a significant impact on the performance of these stocks.
The article cites several examples of how supply chain disruptions have affected companies in the FTSE 100. For instance, the semiconductor shortage has led to reduced production and increased costs for companies like Rio Tinto and BHP. Similarly, shipping delays have impacted companies like Unilever, which has struggled to get its products to market on time.
Air New Zealand’s wing crack crisis illustrates broader supply chain issues amid Covid-19
Air New Zealand’s recent grounding of two of its Boeing 787-9 Dreamliner planes due to hairline cracks on the wings highlights the ongoing challenges in the global supply chain, according to a recent article in Otago Daily Times. The article notes that supply chain disruptions, including shortages of parts and materials, have been a major issue for airlines and other industries since the onset of the COVID-19 pandemic.
The article points out that the current supply chain bottlenecks are a result of a range of factors, including reduced production and transport capacity due to COVID-19 restrictions, disruptions to global trade, and shortages of critical raw materials. These challenges have made it difficult for companies like Air New Zealand to secure the parts and materials needed to keep their planes in operation.
Inflation rises as supply chain disruptions persist
Supply chain bottlenecks are continuing to fuel inflation, according to a recent article in Telangana Today. The article notes that disruptions in global supply chains, coupled with rising demand for goods and services, have led to significant price increases across many sectors of the economy. This has contributed to an inflationary spiral that is putting pressure on consumers and businesses alike.
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.