Archives

BYD, initially a battery manufacturer, has evolved into a leading player in the new energy vehicle (NEV) sector. The supply chain management of BYD Company Ltd is characterized by rapid battery and motor innovation and a strong backward integration model, achieving over 50% self-sufficiency in parts. This strategy has significantly reduced production costs from approximately 257,500 in 2021 to 159,000 in 2023. BYD utilizes smart supply chain practices, including AI and big data, to enhance logistics and demand forecasting. Sustainability efforts are integrated through green procurement and circular development strategies. As BYD expands internationally, it faces challenges in cross-border logistics and regulatory frameworks. Despite its strengths in cost control and supply security, issues such as slow delivery times and fragmented data systems remain. Additionally, the company must navigate ethical and regulatory risks associated with global sourcing, contrasting with Tesla’s software-driven competitiveness and distributed manufacturing strategy.

Achieving the Sustainable Development Goals (SDGs) is a critical role for businesses and brands, as it can have a big impact on their operations, strategies, branding, and stakeholder interactions. In order to meet global sustainability goals, promote innovation in goods and services as well as business models, and draw in socially conscious clientele, companies are incorporating the Sustainable Development Goals (SDGs) into their plans. ESG factors are also being considered by investors when making decisions, and businesses that support the SDGs stand to gain access to sustainable finance sources and a greater number of investments.
Goals such as “Climate Action” and “Responsible Consumption and Production” can encourage companies to streamline their supply chains, cut waste, and use more environmentally friendly production techniques. Governments are putting SDG-aligned laws into effect, and businesses need to follow them to avoid fines or reputational harm.

The U.S.-China trade war and the Covid-19 crisis have prompted manufacturers worldwide to reassess their supply chains, focusing on increasing domestic production, boosting employment in their home countries, reducing dependence on risky sources, and rethinking lean inventories and just-in-time replenishment strategies. The pandemic has exposed vulnerabilities in production strategies and supply chains, leading to increased political and competitive pressures. Modern products often require specialized technological skills, and manufacturers often rely on suppliers and subcontractors who focus on specific areas. However, relying on a single supplier deep in their network increases disruption risks. To mitigate these risks, manufacturers should categorize suppliers as low-, medium-, or high-risk, using metrics like revenue impact, factory recovery time, and alternate sources.

A letter of credit(LC) is also named a documentary credit(DC) in globalized international trade. In recent times, banks utilize blockchain technology regarding the formulation of letters of credit . The ICC regulates market practices (Documentary Credit 600). These include the advising bank that will give the documentary credit to the beneficiary or their nominated bank and provide their nominated bank with any amendments to the letter of credit. The bank retains a certain percentage of the letter of credit value for security. Blockchain technology is available for the letter of credit procedure and trade finance is related to it. Commerce and international trade finance include products such as issuing letters of credit, indemnifying Bills of Lading, etc. Although the letter of credit was created in the old world, methods managing the shipping of goods and related accommodations. But there is a great potential to supersede these paper processes with digitized operations utilizing blockchain technology. International trade requires a number of participants to interact with one another, i.e., the exporters, importers, banks, shipping companies, port-related entities, and customs. Trade finance in supply chain management(SCM) includes products such as lending, issuing letters of credit, factoring, export credit, and indemnification. Therefore, we can say that  letter of credit and blockchain technology both are used in A Supply Chain for running international trade safely.

Containers are the primary mode of transportation for maritime import and export flows, with 75% of total cargo carried by containers in developed areas of a global shipping network. Containerization allows for efficient distribution processes, and transshipment activities, such as warehousing, are integrated with production, distribution, and competitive supply chain strategies. Global Production Networks (GPNs) have become essential for manufacturers to consider global logistic strategies, governance, transportation, and value-added services. Liner services, such as Maersk Line and MSC, can integrate trade routes, but schedule integrity often compromised because of port terminal congestion. Re-positioning issues of empty containers are a complex issue related to global freight distribution, influenced by trade imbalance, container manufacturing costs, leasing costs, and usage preferences. Port hinterland relations are crucial for port development, as they enable access to cargo bases and create regional load center networks and logistic poles. Environmental constraints and local opposition to port development also play a role in box logistics, containerization, ports In A global shipping network development.