Supply chain

• Economic uncertainty and planning for resilience

  A new AICPA & CIMA report says that finance teams are spending up to 40% of their time dealing with the consequences and challenges of inflation.

• Some ocean shipping rates collapse, but real price relief is a way off

  The cost of sending a container from Asia to the US has fallen more than 80% from the September high on the spot market, but carriers will work to prop up rates.

• Analysis: China’s 2023 economic outlook

  China faces uncertainty in 2023; COVID-19 remains difficult, and experts and business leaders expect the dampening effects of the credit market to persist.

• COP27: Major food companies detail plans to eliminate deforestation by 2025

  The road map launched at the COP27 climate summit in Egypt involves 14 food companies ending deforestation in their supply chains to limit global warming to 1.5 degrees Celsius.

• Analysis: How the semiconductor shortage could last into 2024

  Experts differ on when the microchip shortage will end as companies work to redesign products and rethink procurement strategies.

• Eurozone factory output growth stalled in April

  Supply chain disruptions and economic uncertainty slowed European manufacturing last month. The invasion of Ukraine and lockdowns in China are some of the reasons that bottlenecks were exacerbated.

• Diversify global supply chains, don't dismantle them, IMF says

  Reshoring may cause more harm than good, according to recent research.

• Maersk warns Shanghai city lockdown will boost transport costs further

  Longer freight delivery times and rise in transport costs are likely as Chinese factories look to use other ports as alternatives to Shanghai.

• Ukraine crisis creates havoc for electric-car makers’ supply chains

  Prices have soared for metals such as nickel and palladium that are key elements in vehicle manufacturing.

• Ukraine crisis threatens global factory recovery

  Subsiding Omicron wave helped factory activity rebound last month in most major economies, but the Ukraine conflict is pushing oil, commodity, food, and shipping prices even higher.

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