This is your weekly supply chain bulletin from B2BE for the week starting 20th February 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 healthcare supply chain vulnerabilities impact all supply chains
The world’s most vulnerable supply chain, the healthcare supply chain, is impacting all other supply chains. The healthcare supply chain has been strained due to the COVID-19 pandemic. With shortages of critical medical supplies, including personal protective equipment (PPE) and critical drugs, the healthcare industry is facing challenges that have been exacerbated by the pandemic. The article highlights how the healthcare supply chain is connected to other supply chains, such as manufacturing and logistics. In addition, it explores how disruptions in the healthcare supply chain can lead to a domino effect across other industries. The report recommends that companies focus on building resiliency and agility into their supply chains. This is especially true in times of crisis, to ensure the continuity of operations and to minimise the impact of disruptions.
Jersey considers stronger supply chain from France
Jersey is considering strengthening its supply chain with France to protect against future shocks, according to a report by the Jersey Evening Post. The island is heavily reliant on imports from France, which were disrupted by Brexit and the COVID-19 pandemic. The report suggests that a stronger supply chain would help the island to become more self-sufficient and resilient in times of crisis. The proposal includes building new port infrastructure and expanding air and sea connections to France. The report also recommends that the island invest in local food production and explore alternative supply chain sources to reduce its reliance on imports. The Jersey government is said to be taking the report’s recommendations seriously and is currently exploring options to improve the island’s supply chain resilience.
Chinese businesses face perils and pitfalls as supply chains shift amid Ukraine conflict
A report in the South China Morning Post has highlighted the challenges faced by Chinese businesses as supply chains shift in response to the ongoing conflict in Ukraine. The report suggests that the conflict has led to increased costs and delays for Chinese businesses. Some businesses are facing shortages of critical raw materials and components. The article also notes that the conflict has forced many Chinese businesses to reassess their supply chains and consider alternative sources of supply. This has led to increased competition for resources and capacity. In turn, this has driven up prices and created new risks for businesses. The report recommends that businesses focus on building more resilient supply chains that are less reliant on any one source of supply and can better withstand future shocks. It also suggests that businesses should consider investing in technology and innovation to improve supply chain efficiency and reduce costs.
US cotton industry growth threatened by supply chain issues
A report by Just-Style has warned that the growth of the US cotton industry may be threatened by supply chain issues in 2023. The report notes that the industry has faced a range of challenges in recent years. This includes the COVID-19 pandemic, trade tensions, and extreme weather events. These challenges have led to disruptions in the cotton supply chain. This includes shortages of critical inputs such as labour, transportation, and packaging. The report suggests that these supply chain issues could impact the growth of the US cotton industry in 2023, with some farmers and businesses struggling to maintain profitability. The report recommends that the industry focus on building more resilient supply chains. Namely, ones that can better withstand future shocks and disruptions. This includes investing in technology and innovation to improve supply chain efficiency and reduce costs. As well as exploring alternative sources of supply and diversifying markets.
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