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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations. To enhance resilience, supply chain strategies have shifted from cost-saving to redundancy by engaging multiple suppliers, particularly from local or nearshore sources, to mitigate supply disruptions.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. along with Vietnam, Thailand and Indonesia. Growth expansion has returned across China and the U.S. percentage points from the 46.5 reported for February, and 0.5

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. But there was a cost to this. Then the risk solution fills in the gaps.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Southeast Asian countries, Taiwan and India have become alternative manufacturing locales or sources of supply. This practice is illegal.

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The Green Corridor: Full Circle – The Promise and Struggles of the Circular Economy and Green Supply Chains

The Logistics & Supply Chain Management Society

We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. Sunpower, Sun Energy Indonesia can all make our rooftops into power stations. This is the realm of the logistics professional.