A little light weekend reading, links contributed by the Global Sources analyst team.
When people talk about going ‘China +1’ or moving production out of China, it’s important to be aware that many places aren’t yet ready to take over China’s role completely. It won’t be a like-for-like replacement.
Vietnam’s infrastructure gap could also be true of many of the regional rising stars. Also, it is perhaps surprising to read that Vietnam did better than Singapore and Malaysia last year. Is it underrated among the “Mighty 5” countries?
Reduce, reuse and recycle are key to the sustainability trend. Here’s an interesting read on pilot projects to make batteries for green cars greener.
According to a Mount Sinai published in November and reported by CBS News, current smartwatch technology can detect subtle, almost imperceptible changes in a person’s heartbeat. Heart rate variability are potential symptoms of COVID-19, even among those who are asymptomatic.
“The US-China technology cold war has created challenges and uncertainties for multinational companies. Corporate governance practices must deal with new risks in a shifting, and highly politicized, trade landscape,” writes Alex Capri for the Hinrich Foundation, an Asia-based philanthropic organization established by Global Sources founder Merle Hinrich.
This guide from Docshipper delivers a lot of information. It is a straightforward guide for businesses importing electronics from China, discussing important aspects such as the supply chain, cash flow and customers.
Unprecented times call for exceptional decision-making skills. In just a short span of time, we’ve seen how the current health situation has driven businesses to change and adapt to the new normal. The rise in the demand for medical supplies and equipment comes as no surprise, but it’s interesting to know that there is also a surge in thermal printers and procurement dynamics are evolving.
Undoubtedly, COVID-19 has caught businesses in different sectors around the world off-balance. The disruption it brought on the supply chain is hard to overstate. While much has been said about Industry 4.0 and how it has redefined the manufacturing world, its significant role in business continuity during the pandemic was brought to the fore.
Industry Today‘s article offers a mine of information on how Industry 4.0 enables companies to be more resilient in the face of disruption and the areas where Industry 4.0 has a strong impact on manufacturing in 2021 and beyond – and how manufacturers can leverage these trends to move their business forward.