Economy Under Lockdown | Supply Chain | Insider Take By JK Arora, Founder and CEO of Tradologie

1 week, 2 days ago

Retail chain bankruptcies surge as companies struggle to stay relevant

NL Times

The retail sector in the Netherlands has seen a sharp rise in bankruptcies this year, with more than 300 retail companies among the 4,000 businesses that failed in 2024. High-profile retail chains such as The Body Shop, Dunkin’ Donuts, and Blokker have shuttered stores across the country, reflecting a troubling trend in the sector. “This is an implosion of a …

Retail Ing Blokker Zwijnenburg Chain Bankruptcies

4 weeks ago

Sitharaman Highlights Inflation, Supply Woes

Deccan Chronicle

New Delhi: Union finance minister Nirmala Sitharaman on Wednesday said that unabated inflation, unsustainable debt, disruption of supply chains, and lack of food security are among the top challenges where the industry and the government need to work together. They are the main cause for disruptions in supply chain, inflation and other global challenges,” the finance minister said, while addressing …

Global Inflation Supply Sitharaman

Starbucks, other retailers hit by ransomware attack on tech provider

Live Mint

A ransomware attack against a major supply chain technology provider left retailers including Starbucks and U.K. grocery chain Sainsbury’s scrambling to manage operations including scheduling and handling inventories. Blue Yonder, one of the world’s largest supply chain software providers, said Monday it was working to restore services after the attack last week disrupted systems it hosts for customers. Sainsbury’s and …

Attack Chain Starbucks Morrisons Ransomware Attack Blue Yonder

1 month, 2 weeks ago

Li: Stable industrial and supply chains key

China Daily

Enterprises encouraged to bolster support for economic globalization Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. The premier warned that amid the sluggish global economic recovery, protectionist moves and overstretching of security are harming global industrial and supply chains, further driving up enterprise costs, reducing …

Global China Supply Economic Industrial Chinese Economic Globalization

2 months ago

Companies Dusting off ‘Dream Deals’: Schlosstein on M&A

Bloomberg

00:00 When I talk to advisers across Wall Street, they tell me that companies have been preparing for this to a degree. And does it really spur a lot of corporate actions ahead, maybe M & A to move things closer to the United States? You know, I think the Covid supply chain disruptions were a real wake up call …

Know

2 months, 1 week ago

US firm saved from bankruptcy - but will move last factory to Mexico

Daily Mail

Tupperware is getting a new lease on life after a bankruptcy judge approved a deal to save the beloved food-storage company. Tupperware was founded in 1946 by chemist Earl Tupper - whose airtight plastic containers helped food last longer for families still struggling after the war and the Great Depression. 'This is a situation that was in urgent need of …

Sales Company Mexico Bankruptcy Containers Tupperware

2 months, 1 week ago

Supply Chain Woes: Navigating the Turbulent Landscape with Resilience

Live Mint

Supply chain woes are persisting, presenting significant risks for companies. A new generation of strategies and technologies is emerging to manage these risks, with companies seeking to gain an edge in their markets. However, implementing these solutions can be costly and challenging, presenting hurdles to some companies. Despite the challenges, companies that have invested in supply chain resilience have seen …

Government Law Risk Management Supply Chain Woes

3 months, 1 week ago

‘Alphabet soup’: Biden’s efforts to descramble supply lines come under fire

Politico

The White House has boasted that its initiatives have helped “re-normalize the flow of goods” and “lower inflation” after peaking during the Covid-19 pandemic. Sweeney said that different federal agencies are “all looking at pieces of the supply chain” but that it’s “really hard to see” how the initiatives fit together. “These sort of fora where you get industry people …

Industry Supply Work Administration Biden Federal Chain

8 months ago

National fashion chain in US to shut down ALL 540 stores in weeks - but will clear stock with 90% off bargains first

Daily Mail

Rue21 - the teen fashion chain that is a fixture in malls across America - is to shut all 543 US stores. Rue21 has filed for Chapter 11 bankruptcy and will close all 543 stores within four to six weeks Rue21 is closing all 543 stores and will clear its stock over the next four to six weeks in clearance …

Stock Bankruptcy Clear Chain Its Stock 99 Cents Stores Shut

10 months ago

How Walmart’s CTO gets tech to adapt to the customer

Live Mint

BENGALURU : Walmart Inc. has invested billions of dollars in technology, both to improve the online shopping experience as well as to automate two-thirds of its stores by the end of 2026. Suresh Kumar, Walmart’s global chief technology officer, says technology is all about reducing friction for customers as they shop. In an interview with Mint, Kumar, who graduated from …

Technology India Data Customer Experience Supply Chain Kumar Walmart

10 months, 1 week ago

Why concurrency is the key to achieving a resilient supply chain

The Independent

Kinaxis is a Business Reporter client. Everything, everywhere, all at once Concurrent supply chain management is the process of making and managing unified plans across multiple time horizons, business processes and organisational boundaries at the same time. Optimising the triple bottom line In traditional cascaded supply chain management processes, siloed thinking and latent data add up to excessive capital costs, …

Business Supply Chain Concurrent Kinaxis

11 months ago

‘Valmo to streamline e-com supply chains’

Live Mint

NEW DELHI: Meesho on Wednesday launched logistics-focused platform Valmo aimed at tackling supply chain inefficiencies in e-commerce deliveries at the lowest cost. We try to identify people who have the capability to do the different sets of operations across the length and breadth of what we deliver, as we give them capabilities for technology, network design, processes, operations and data …

Meesho Reduce Cost

1 year ago

Shock resistance

China Daily

China's role in reducing uncertainties and maintaining the stability of global supply chains and cooperation is commendable MA XUEJING/CHINA DAILY International supply chains are a division of labor model in which multiple countries contribute to the production of one product. However, the global supply chains are now facing several challenges including limited potential for development, rising trade protectionism and anti-globalization, …

Global International China Trade Development Supply Chinese

1 year, 1 month ago

India, U.S., 12 other IPEF members ink supply chain resilience agreement

The Hindu

India, the U.S. and 12 other members of the Indo-Pacific Economic Framework For Prosperity grouping have signed a supply chain resilience agreement that would provide benefits such as potential shifting of production centres in critical sectors and mitigating risks of economic disruptions from supply chain shocks. On the social networking platform X, on November 15, Mr. Goyal said: "India joins …

India Supply Agreement Members Ipef Chain Resilience Ipef Partners

1 year, 5 months ago

Can Delhivery deliver on growth?

Live Mint

BENGALURU : There is one question Sahil Barua, the managing director and chief executive officer of Delhivery Ltd, is always asked. Revenue, for instance, nearly doubled in 2021-22 compared to the year before to ₹7,241 crore, driven largely by the company’s express parcel and part truckload services. “E-commerce logistics is a business of scale, and if Delhivery manages to get …

India Growth Market Companies Logistics Company Crore

1 year, 7 months ago

Airlines “beyond frustrated” due to supply chain issues: IATA DG

The Hindu

Airlines globally were “beyond frustrated” due to supply-chain issues, said Willie Walsh, the Director General of the International Air Transport Association at its annual general meeting. “Airlines are en route to a profitable, safe, efficient, and sustainable future,” he said, while sharing that passenger traffic was at 90% of pre Covid-levels and forecasting $9.8 billion in net profit this year …

Airlines

1 year, 7 months ago

Airlines “beyond frustrated” due to supply chain issues: IATA DG

The Hindu

Airlines globally were “beyond frustrated” due to supply-chain issues, said Willie Walsh, the Director General of the International Air Transport Association at its annual general meeting. “Airlines are en route to a profitable, safe, efficient, and sustainable future,” he said, while sharing that passenger traffic was at 90% of pre Covid-levels and forecasting $9.8 billion in net profit this year …

Airlines Iata

2 years, 1 month ago

As supply chains unclog, consumers enjoy (tentative) relief

Associated Press

Back in January, 109 container ships waited off the California coast to unload cargo in Los Angeles and Long Beach, the nation’s two largest ports. “We’re not seeing significant shortages of items.” “Supply chains are really not the problem anymore,’’ agreed Timothy Fiore, who leads the Institute for Supply Management’s manufacturing survey and is chief procurement officer at the transportation …

China Inflation Supply Prices Ports Demand Covid

2 years, 1 month ago

How e-com giant Flipkart is powering India’s retail growth story

Hindustan Times

India is amongst the fastest-growing economies in the world today and e-commerce has acted as one of the major pillars of this growth, especially in the aftermath of the pandemic when customers across the country transitioned to online retail as the preferred platform for all kinds of purchases. As retail moved online and powered the growth of the economy, major …

India Growth Supply Businesses Kumar Flipkart Market Access

2 years, 3 months ago

How technology is boosting supply chain dynamics?

India TV News

For decades, India’s logistics industry has been extremely fragmented due to low entry barriers and its large size. But the advent of new-age logistics firms deploying the latest technology has disrupted the country’s complete supply chain universe, which is now experiencing a transformation. In achieving this result, the Internet of Things, artificial intelligence, machine learning, blockchain and other tech tools …

Technology India Machine Learning Supply Data Logistics Ai

2 years, 4 months ago

China’s manufacturing mojo isn’t easy for rivals to take away

Live Mint

There’s been a lot of talk of shifting manufacturing supply chains away from China. Parts of the supply chain may shift away from China, but for now, no country can come close to building the intricate network of factories across such a broad range of sectors. Vietnam’s PMI suppliers’ delivery times index, which captures supply chain delays, remained in contraction …

Global Vietnam China Supply Beijing Chain Build

2 years, 5 months ago

Premarket stocks: This is the key to getting the global economy working again

CNN

London CNN Business — Global supply chains are still a snarled mess, disrupting deliveries of goods, adding to headaches for businesses and feeding the worldwide surge in inflation. The Global Supply Chain Pressure Index from the Federal Reserve Bank of New York declined between April and June, though it remains “at historically high levels.” The cost of booking a 40-foot …

Global Chain Tech Companies Krebs Supply Conditions

2 years, 7 months ago

Foxconn predicts more stable supply chain in the second half of 2022

The Hindu

Taiwan's Foxconn, the world's largest contract electronics maker, said on Tuesday that the second half of the year is heading "in a better direction" as Shanghai's COVID-19 lockdown appears to be easing. "We are quite confident in the stability of our supply chain for the second half of this year," Foxconn chairman Liu Young-way told the company's annual shareholder meeting. …

Foxconn

2 years, 7 months ago

Knotty supply chains deepen global chip shortage

The Hindu

If the pandemic had a partner in crime, it must be the global chip shortage. The duo has hit established economic systems world-wide, and made several organisations scale back production and rework their manufacturing and supply chain processes. High consumer demand for low-end products, coupled with large orders from tech firms chocked chip makers whose factories were also closed during …

Global Pandemic Supply Production Japanese Semiconductor Demand

2 years, 7 months ago

Supply chains in Asia shaken but unshattered

China Daily

Workers inspect brand tags on apparel ready for packaging at a textile factory of Texport Industries in Hindupur town in the southern state of Andhra Pradesh, India, Feb 9, 2022. This was partly because disposable income recovered more slowly in Asia's developing countries than it did in advanced economies, and because fiscal stimulus－especially direct cash transfers to households－was much larger …

Global China Ukraine Russia Supply Services Asia

2 years, 7 months ago

Nation to prioritize economic stability

China Daily

China will adopt fiscal and monetary policies prioritizing job creation, as part of efforts to maintain the overall stability of economic performance, according to a decision made at the State Council's Executive Meeting chaired by Premier Li Keqiang on Wednesday. Tax refunds and breaks, deferred payment of social insurance premiums, reductions in financing costs and other measures should all focus …

Stability Price Stability

2 years, 8 months ago

China lockdowns drag on earnings of chipmakers, industrials

The Hindu

Industrial conglomerates GE and 3M, and chipmakers Texas Instruments and SK Hynix cautioned that China's COVID-19 led stringent curbs were further disrupting battered supply chains and hurting their revenue. China's "zero Covid" policy to combat the Omicron variant has brought fresh lockdowns in many cities, forcing factories to shut and worsening a global supply chain logjam. "Collectively, supply chain issues, …

China Ukraine Hynix Texas Instruments

2 years, 8 months ago

Foxconn unit sees limited impact from suspended China plant

The Hindu

Operations at a unit of Taiwan-based Apple Inc supplier Foxconn in China's Kunshan city remain suspended because of COVID-19 controls but there is limited impact as it has shifted production elsewhere, it said on Monday. The operations in Kunshan of Foxconn Interconnect Technology, which makes data transmission equipment and connectors, will remain closed until the authorities give permission to restart, …

Foxconn Kunshan Suspended China Sees Limited

2 years, 8 months ago

Thousands of retailers risk bankruptcy, burdened with debt

NL Times

Thousands of retailers could close or go bankrupt in the coming months due to high debts, Nu.nl reports. Jan Meerman, who is general director of trade association INretail for the fashion, sports and shoe industry, told Nu.nl that around 20 percent of members have "serious problems." The Chamber of Commerce also forecasted a number of companies would close or file …

Meerman Retailers Risk

2 years, 8 months ago

Fresh COVID curbs imposed in China as cases rise in Shanghai

Live Mint

As Shanghai and some other areas reported a record number of symptomatic COVID-19 cases on Saturday, China imposed more restrictions to keep up its "dynamic clearance" approach to stamp out Omicron. Meanwhile, in northwestern China, the city of Xian on Friday urged residents to avoid unncessary trips outside their residential compounds and encouraged companies to have employees work from home …

China Work Shanghai Zhengzhou

2 years, 8 months ago

Strict COVID-19 lockdowns in Shanghai threaten auto production in China

Firstpost

COVID-19 outbreaks across China and the associated reductions in economic activity have already hit the auto industry hard, with car sales dropping 10.5 per cent in March Beijing**, China:** Chinese auto makers warned they may have to put the brakes on production if strict COVID-19 curbs in Shanghai persist, with a top Huawei executive also sounding the alarm Friday about …

China Production Auto Huawei Chinese Shanghai Covid

2 years, 8 months ago

As Shanghai lockdown drags on, fears grow for global trade

Al Jazeera

Bengaluru, India – At a chemist in the upmarket neighbourhood of Koramangala in Bengaluru, India, owner Ram Narain anxiously asked one of his workers to check stocks of a long list of medicines scribbled on a sheet of paper. “China’s worst COVID outbreak may lead to delays and higher prices, which could stall recovery and further add to global inflation,” …

India China World Hong Kong Global Trade Port Ports

2 years, 9 months ago

The Overlooked Factor That’s Keeping Supply Chains Screwy

Slate

This story was originally published by Yale Environment 360 and has been republished here as part of the Climate Desk collaboration. “Every coastal community, every coastal transportation network is going to face some risks from this, and we’re not going to have nearly enough resources to make all the investments that are required.” Of all of climate change’s threats to …

Global Climate Change Climate Supply Port Sea Chain

2 years, 10 months ago

Why global supply chains will be re-written by the 'second Cold War'

ABC

The world is in a terrible place at the moment. It argued that "the second Cold War is here" and entire supply chains will be re-written as a consequence. "We are witnessing the remaking of the world order in front of our eyes, and this will impact global supply chains in unforeseen ways," Freight Waves chief executive Craig Fuller wrote. …

Global War Ukraine Russia Financial Supply Integration

2 years, 10 months ago

Manufacturing grows as supply chain disruption eases

The Independent

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Brexit Supply Manufacturing Sector Chain Supply Chains

2 years, 11 months ago

With the global supply chain on its knees amid ongoing COVID outbreaks, the world is running low on some unexpected items

ABC

For years, Nick Barnard didn't think twice about heading to the shooting ranges for target practice, but these days he guards his bullets like gold. Key points: Demand has exceeded capacity in production and nearly all aspects of the global supply chain have been disrupted by the pandemic People are finding it difficult to get their hands on everything from …

Global World Stock Low Months Buy Roxanne Fitzgerald

2 years, 11 months ago

Budget 2022: Implement National Logistics Policy to ease supply chain bottlenecks

Firstpost

Union Budget 2022-23: With India aiming to be a $5 trillion economy, the logistics sector will be a crucial enabler in achieving this The buzz around the Union Budget 2022–2023 is getting strong now that the government is expected to sustain India’s economic growth amidst the prevailing third wave of the COVID-19 pandemic. India’s logistics sector faces a yawning competitiveness …

Global India Supply Budget Manufacturing Logistics Supply Chain

2 years, 11 months ago

Cross-border controls impeding supply chains in Southeast Asia

Hindustan Times

Just as the world had started moving towards greater openness away from the closure of borders since the outbreak of the Covid-19 pandemic almost two years ago, the recent global upsurge of the Omicron variant again has affected supply chain networks, as at least 56 countries have re-imposed certain forms of travel restrictions. Southeast Asia’s position in global trade comes …

Global Vietnam Singapore China Trade Supply Asia

2 years, 11 months ago

US shoppers find some groceries scarce due to virus, weather

Associated Press

Benjamin Whitely headed to a Safeway supermarket in Washington D.C. on Tuesday to grab some items for dinner. “I’m going to have to hunt around for stuff now.” Shortages at U.S. grocery stores have grown more acute in recent weeks as new problems — like the fast-spreading omicron variant and severe weather — have piled on to the supply chain …

Food Supply Washington Chain Freeman Produce Leonard

2 years, 11 months ago

COVID supply chain crisis shows what's really at the heart of the economy — healthy humans

ABC

Australians are getting a stark reminder about how value is actually created in an economy, and how supply chains truly work. Labour — human beings getting out of bed and going to work, using their brains and brawn to produce actual goods and services — is the only thing that adds value to the "free gifts" we harvest from nature. …

Economy Supply Economic Covid Sydney Human Nsw

3 years ago

Food companies, distributors prepare for disruptions as Covid cases surge

India Today

The FMCG sector is actively preparing to tackle any disruptions caused by rapidly rising Covid-19 cases in the country. Food companies, dealers and distributors are working towards increasing stocks of daily essential products such as cooking oil, rice, pulses, wheat and other items in order to avoid any supply disruptions due to local restrictions. Food manufacturing and processing companies have …

Companies Covid Food Items Food Companies Cases Surge

3 years ago

Lockdown costing hospitality industry €200 million in revenue weekly: ABN Amro

NL Times

The current lockdown means that the catering industry is losing 200 million euros in turnover every week, economists at ABN Amro have calculated. The leisure sector, which includes both the hospitality industry and travel organizations, will also not return to the level of 2019 next year, due to the effects of the coronavirus pandemic. The transport and logistics sector also …

Sector Lockdown

3 years ago

Retail’s battle with COVID actually saved its stores

LA Times

When COVID-19 erupted 21 months ago and upended retailers around the world, it looked like just another chapter in the sad story of an industry’s decline. Retail vs. E-Commerce Since Amazon ignited the online shopping era more than two decades ago, the big question has been how do legacy retailers survive? In China, one of the world’s most sophisticated retail …

China Retail Pandemic Online Mexico Covid Locations

3 years ago

Business owners demand reimbursement for hard lockdown measures

NL Times

Business owners want the government to compensate them for their profit losses due to the strict lockdown announced on Saturday evening. "Since last evening, I have spoken with dozens of store owners who want to blow off steam," director of the retail store association INretail Jan Meerman told the AD. If people continue to exercise, they generally remain healthier and …

Khn Meerman Demand Reimbursement

3 years ago

Business owners stunned by possible new lockdown

NL Times

Many entrepreneurs were shocked that the Netherlands could be headed for a complete lockdown again, chair of the business owner's organization Ondernemend Nederland, Hans Biesheuvel said. After two previous lockdowns in which, among other businesses, bars, restaurants, retail stores, cultural institutions and cinemas were subject to strict coronavirus restrictions, the support of entrepreneurs has declined sharply, according to Biesheuvel. "It …

Biesheuvel

3 years, 1 month ago

China supply chain management conference kicks off in Xiamen

China Daily

The Second Annual Conference of China Supply Chain Management kicks off in Xiamen, Fujian province. The Second Annual Conference of China Supply Chain Management was launched in Xiamen, Fujian province on Dec 8. The main forum of the annual conference was held on Dec 8, attracting participants to offer ideas and suggestions on ways to improve the resilience of China's …

Supply Chain Management Chain Xiamen China Supply

3 years, 1 month ago

The importance of the supply chain in today’s experience economy

The Independent

Customer demands are driving a tighter integration of supply chain technology data Digitisation has been transforming the B2C buying process for years, while in B2B a preference for the traditional face-to-face sales model has remained in place. ‘It’s about people and technology working together in a new world – the people are the information givers, the evangelists, and the technology …

Technology Supply Customer Experience Supply Chain Chain Oracle Enigen

3 years, 1 month ago

Businesses ramp up stockpiling as supply chain crisis continues

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “There’s very little sign in the UK as yet …

Rate Sign

3 years, 1 month ago

Here’s how Omicron could make the supply chain mess worse

CNN

Washington CNN Business — Commerce Secretary Gina Raimondo is concerned the Omicron coronavirus variant will exacerbate pressure on the already stressed-out global supply chain. We’ve had problems in places where people work close.” Outbreaks from the Delta variant worsened supply chain turmoil earlier this year, causing computer chip and other factories to shut down, especially in Asia. “All the different …

Supply Work Raimondo Chain Powell Supply Chains Omicron

3 years, 1 month ago

These major chains boomed as small retailers had to close up shop

CNN

CNN — Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods, hardware and electronics’ stores. Small retailers have been squeezed out throughout the pandemic and are at a significant disadvantage navigating the current supply chain crisis, rising inflation and the shortage of workers, said retail analysts and supply chain experts. Home Depot, for example, said …

Business Holiday Small Businesses Shop Target Chain Home Depot

Economy Under Lockdown | Supply Chain | Insider Take By JK Arora, Founder and CEO of Tradologie

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