How Will Steve Jobs’ Exit Affect Apple’s Supply Chain? – Tim Cook will be the new CEO as Steve Jobs announced his resignation from Apple Inc. Tim has worked at the company for over a decade and is credited with shifting the company’s sourcing strategy, improving inventory management, and developing an overall more efficient supply chain. Apple has ranked as the top supply chain for four consecutive years, according to the research firm Gartner. Previously in his career, Cook held positions involved in fulfillment and logistics with IBM and Compaq.
Read more from Supply Chain Digital.
India Port Infrastructure Investment – India plans on using $7.6 billion to build seven ports by 2017. Approximately two-thirds of the funding will come from private sector sources such as terminal operators. Recent freight congestion in Chennai and Jawaharlal Nehru (Nhava Sheva) has put increased pressure on improving shipping infrastructure. India expects to triple exports by the time the new ports are built.
Read more from the JOC.
China’s Jumps to #1 in World PC Market – During the second quarter, PC shipments in China edged out the U.S. market by almost 1 million units, accounting for a 22% share of the world market. However, the U.S. is expected to regain their leading position for the entire 2011 year before falling behind in 2012 as China’s consumer market continues to expand.
Read more from the International Data Corporation (IDC).
China Sees Uptick in Manufacturing – A recent survey of Chinese manufactures indicates that business picked up modestly in August. Despite this, manufacturing growth remains near stagnant levels. The global economy will prove important as economist watch China’s export market closely in the coming months.
Read more from CNN.