This seems like a good supply chain option. Why did they not make use of it before the Hanjin mess?
In wake of Hanjin demise, Samsung Electronics eyes the Trans-Siberian
Array
(
[0] => WP_Term Object
(
[term_id] => 80
[name] => Asia
[slug] => asia
[term_group] => 0
[term_taxonomy_id] => 80
[taxonomy] => category
[description] => This is the Splash 24/7 news archive related to the Asian Region. News are sorted by release date, from the latest to the oldest.
Find here the updated list of the latest news about Asia. Browse Splash 24/7 for more maritime and shipping news.
[parent] => 55
[count] => 5496
[filter] => raw
[object_id] => 57392
[cat_ID] => 80
[category_count] => 5496
[category_description] => This is the Splash 24/7 news archive related to the Asian Region. News are sorted by release date, from the latest to the oldest.
Find here the updated list of the latest news about Asia. Browse Splash 24/7 for more maritime and shipping news.
[cat_name] => Asia
[category_nicename] => asia
[category_parent] => 55
)
[1] => WP_Term Object
(
[term_id] => 56
[name] => Containers
[slug] => containers
[term_group] => 0
[term_taxonomy_id] => 56
[taxonomy] => category
[description] => This is the Splash 24/7 news archive related to containers sector coming from all over the world. They're sorted by release date, from the latest to the oldest.
Get the updated list of the latest news about containers. Browse Splash 24/7 for more maritime and shipping news.
[parent] => 54
[count] => 947
[filter] => raw
[object_id] => 57392
[cat_ID] => 56
[category_count] => 947
[category_description] => This is the Splash 24/7 news archive related to containers sector coming from all over the world. They're sorted by release date, from the latest to the oldest.
Get the updated list of the latest news about containers. Browse Splash 24/7 for more maritime and shipping news.
[cat_name] => Containers
[category_nicename] => containers
[category_parent] => 54
)
[2] => WP_Term Object
(
[term_id] => 64
[name] => Ports and Logistics
[slug] => ports-and-logistics
[term_group] => 0
[term_taxonomy_id] => 64
[taxonomy] => category
[description] => Stay updated on what's going on in the ports and logistics industry by browsing the ports and logistics news archive. Find the latest maritime and shipping news on Splash 24/7.
Find here the updated list of the latest news about ports and logistics. Browse Splash 24/7 for more maritime and shipping news.
[parent] => 54
[count] => 918
[filter] => raw
[object_id] => 57392
[cat_ID] => 64
[category_count] => 918
[category_description] => Stay updated on what's going on in the ports and logistics industry by browsing the ports and logistics news archive. Find the latest maritime and shipping news on Splash 24/7.
Find here the updated list of the latest news about ports and logistics. Browse Splash 24/7 for more maritime and shipping news.
[cat_name] => Ports and Logistics
[category_nicename] => ports-and-logistics
[category_parent] => 54
)
)
Samsung Electronics, stung by the sudden demise of compatriot Hanjin Shipping, has moved to diversify its supply chain tactics. The giant conglomerate has signed a preliminary agreement with Russia’s railway authority to ship its goods and parts to Eastern Europe via the Trans-Siberian Railway.
Samsung Electronics said the move will reduce the lead time from 35 days by sea to just 18 days.
“Shortened lead times will bring Samsung more benefits, including stable inventory control, and immediate and efficient adjustments when product models change,” the Korean firm said in a statement.
Goods will be sent by ship from factories in South Korea and China to Vladivostok where they will then head by train to Slovakia, Hungary and Poland.
“Through close collaboration with Russian Railways, Samsung will endeavor to build up a more efficient and economical logistics network and diversify transportation routes to mitigate unexpected global risks,” Samsung said.
When Hanjin Shipping went bankrupt at the end of August, Samsung Electronics was left with around $38m of cargoes stuck on stranded ships in international waters prompting a major rethink in how the conglomerate goes about its global distribution systems
No comments:
Post a Comment