Medical suppliers must change how they manage their supply chains, and factories need to be able to rapidly pivot to manufacturing different products, in order to respond quickly to the next major crisis and avoid shortages of vital medical goods, experts say.
Accessory producers and other suppliers who provide products for Apple’s retail outlets have to wait longer before being paid by the company, a store claims, with changes in terms also making them responsible for unsold products.Apple has reportedly made changes to the way it handles products it receives from suppliers for sale in the online and physical Apple Store. Suppliers who do not agree with the new terms reportedly risk their placement on Apple’s shelves, with the changes considerably benefiting Apple.After providing distribution for its retail stores to a new provider, The Telegraph reports Apple has made demands to suppliers directly, and in an inflexible way. Suppliers told the report that terms were previously negotiated with distribution companies, but the new ones were set by Apple and are not negotiable. Read more…
Last week we saw Intel, Qualcomm and more US chipmakers urge President Biden to make a major investment to rejuvenate domestic semiconductor production. With the backdrop of a global chip shortage and US tension with China, Biden is expected to ask his administration to start a review of important US supply chains “including semiconductors, high-capacity batteries and rare earth metals” with an upcoming executive order.
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A new report from The Telegraph this weekend claims that Apple Store suppliers have been “forced” by the company to accept more stringent terms to sell their products in Apple Stores and on the Apple Online Store. Suppliers cited in the report describe being “squeezed” by Apple through these new terms.
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In 2020, the COVID-19 pandemic upended international trade. Countries shut their borders, breaking the webs of supply chains that crisscross the globe. These systems of people, organisations and companies work to supply consumers with products, such as mobile phones, or services, like transportation. While some supply chains have since returned to a semblance of normality, understanding their extent—and how they interact—may be vital if humanity wants to confront its other great challenge: climate change.