Jon Sim’s Post

🌍🚢 Geopolitical instability in Bangladesh is causing major delays in the fashion and apparel industry, with over 3,000 tons of cargo stuck at the port and no immediate resolution in sight. Dive into our latest blog to understand these challenges and discover why visibility is crucial for managing disruptions effectively. 🔍 Read Here: https://lnkd.in/dB75P3bd

🌍🚢 Geopolitical instability in Bangladesh is causing major delays in the fashion and apparel industry, with over 3,000 tons of cargo stuck at the port and no immediate resolution in sight. Dive into our latest blog to understand these challenges and discover why visibility is crucial for managing disruptions effectively. 🔍 Read Here: https://lnkd.in/gcxhSU6q .

🌍🚢 Geopolitical instability in Bangladesh is causing major delays in the fashion and apparel industry, with over 3,000 tons of cargo stuck at the port and no immediate resolution in sight. Dive into our latest blog to understand these challenges and discover why visibility is crucial for managing disruptions effectively. 🔍 Read Here: https://lnkd.in/gqBk3yfj .

The Red Sea Crisis and the geopolitical turning points of the Panama Canal and the South China Sea are driving up shipping costs and prolonging delivery times for apparel companies. #TextileTrade #ApparelTrade #DailyNews #ApparelResources #ApparelIndustry #SupplyChain #USA

📢 Big News in the Fashion Industry! SupplyChainBrain recently shared an important update titled "Garment Factories and Export Woes". Clothing factories have been closed for two days now. 😔 The customs process is nearly stopped, making it super hard to export goods. 🚫✈️ This is causing big problems for the clothing industry, especially for those who rely on smooth supply chains to get their products to customers. It’s crucial to stay updated with #SupplyChain news to understand how this could affect businesses and consumers. 📚 Learn more about the current issues in the full article on SupplyChainBrain. Let's stay informed and find ways to support our local and global fashion communities! #SupplyChainDisruption #FashionIndustry #StayInformed #SupplyChainBrain 🔥 What are your thoughts on this? 🔗 Read more: [link to the article] 👗🧵✂️

Great read with great insight on the global supply chain market. The situation in the Red Sea + Suez Canal remains fluid and the downstream effects will be felt for the foreseeable future (increased consumer prices, increased shipping costs, longer voyages). #supplychain #logistics #fashion

Fitch Ratings forecasts a potential slowdown or decline in China's port throughput growth in 2024 due to weak global demand and manufacturing. Despite a 4 per cent and 6 per cent year-on-year increase in cargo and container throughput in the fourth quarter of 2023, exports to ASEAN, EU, and the US declined, although exports to Russia rose by 24 per cent. #Fibre2Fashion #f2f #apparel #textile #fashion #textileindustry #f2fnews Read more here: https://lnkd.in/dPwsTqar

𝐒𝐡𝐢𝐩𝐦𝐞𝐧𝐭𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐔𝐒 𝐃𝐢𝐬𝐫𝐮𝐩𝐭𝐞𝐝 𝐃𝐮𝐞 𝐭𝐨 𝐑𝐞𝐝 𝐒𝐞𝐚 𝐂𝐫𝐢𝐬𝐢𝐬 A lot of retailers in the US are facing shortage of stocks because of disruptions in the Red Sea. Attack on vessels in the Red Sea by the Iran-backed Houthi militia have disrupted trade on one of the world’s most important shipping routes, adding between 10 and 15 days to transit times as ships take the safer route around southern Africa. Many retailers around the globe are stocking up on goods and seeking air or rail alternatives in a bid to avoid empty shelves during spring. While the Suez disruptions mainly affect Asia-to-Europe trade, about 30% of shipments to the U.S. East Coast go through the canal. U.S. retailer Target is experiencing some disruptions of shipments from India and Pakistandue to the crisis in the Red Sea. The company has faced delays in receiving some shipments, in line with the extended transit times that vessel operators are seeing, as it works with its shippers to redirect merchandise around the Suez Canal. It has resulted in extra time and costs associated with re-routing were expected to be minimal. Click on the link below to read full story: https://lnkd.in/ghRNxF5D Piyush Goyal Deepti Marwah GAGAN MARWAH Apparel Export Promotion Council Federation of Indian Export OrganisationsÊ(FIEO) Confederation of Indian Textile Industry (CITI) Garment Show of India Apparel Fashion Forum (AFF) #crisis #trade #business #shipment #logistics #delay #loss #us #europe #redsea #clothing #textiles

Unrest in Bangladesh creates scare for textile industry, retailers rush goods into the US as Houthis return to fray for first time in two weeks, and companies pin big hopes on Indian consumers as shoppers in developed economies feel the pinch. Read all the big stories in our supply chain summary here: https://lnkd.in/eZ_bDTtu #supplychain #logistics #freight #shipping #trade #consumers #peakseason

The Red Sea Crisis is having profound impact on companies' supply chain and logistics decisions. Companies are adopting concepts like near shoring, shifting the mode of transportation, or local sourcing as the tool to mitigate the risks put forth by the crisis. Came across a very interesting article on the altered supply chain decision by ZARA due to the Red Sea Crisis. https://lnkd.in/dXj7JArK To read the RED SEA CRISIS in detail...go through an interesting CASE STUDY authored by Dr.Richa Srimal and Rachna Agarwal 'Red Sea Crisis: Ripples in the Ocean of Global Trade' https://lnkd.in/dNGFTmWj