Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. There is further growing evidence on the U.S. percent of GDP to 6.2 percentage points from Q1 to Q2.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

The Logistics & Supply Chain Management Society

JUNE 10, 2021

My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement. Family reasons relocated me to Bangkok in 2011. .

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

Supply Chain Matters

MARCH 3, 2022

A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 Of particular concern was the Inventory level index, which rose 9.1 for February, up from 53.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Logistics Bureau

APRIL 3, 2023

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Matters

JUNE 5, 2023

That could signal even more added inventory exposures. Vietnam Again in the Doldrums The S&P Global Vietnam Manufacturing PMI® is here highlighted because the May value dropped deeper into contraction and “ signaling a third successive monthly deterioration in operating conditions. ” The reported May PMI value of 45.3

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Supply Chain Matters

JULY 7, 2022

Noted in the June report was that among the five sub-indexes that constitute the manufacturing PMI , the production index, new order index and supplier delivery time index were all above the 50 threshold, and the raw material inventory index and employee index were all below. for June, compared to a reported value a value of 48.1

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

MARCH 5, 2024

Morgan indicated in part: “ An improving orders-to-inventory ratio and upward momentum in both new export business and employment all suggest the underlying dynamics of the manufacturing sector are also moving in the right direction. These nations reportedly account for 98 percent of ASEAN manufacturing value added.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Matters

MARCH 29, 2022

and China trade war had resulted in added tariffs being applied to footwear causing designers to consider sourcing within other countries, especially Vietnam. At the time, the economics of producing shoes in the region of consumption came down to the economics of cheaper direct labor across China and other Asian countries.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Supply Chain Matters

JANUARY 19, 2024

retailers are already experiencing notifications of extended arrival times of ordered inventory. This comes as many retailers have taken aggressive strides to reduce their prior inventory surpluses, some of which date back to effects of the global pandemic. Shippers assessing shipping from China, India or Vietnam to either U.S.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52

Supply Chain Matters

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Elementum

NOVEMBER 9, 2015

His areas of specialization include global value chain innovations, supply chain management, global logistics, inventory modeling, and environmental and social responsibility. Inventory problems could mean anything: distribution, logistics, manufacturing, design. Naturally, your boss will look at how good you are in procurement.

Supply Chain Design Software 60

Supply Chain Design Software Manufacturing Procurement Supply Chain Design Supply Chain Software 60

BlueYonder

MARCH 6, 2020

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. where is my inventory,” and leverage ML-based recommendations to find alternate sources of supply and integrated execution capabilities to turn recommendations into alternate supply shipments. The third is exports to China.

Real-time Visibility 90

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 90

Supply Chain Matters

JUNE 3, 2022

One apparent bright spot stemmed from the S&P Global Vietnam Manufacturing PMI® which reported production growth achieving a 13-month high in May, amid recovery from the latest wave of Covid-19 infections earlier this year. This was the first downbeat assessment of the business outlook recorded for two years.”. This index rose to 54.7

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Logistics Bureau

MARCH 19, 2020

The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. It is also airlifting parts from China to its Vietnam operations.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China Plus sourcing actions.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

MARCH 2, 2023

Vietnam The S&P Global Vietnam Manufacturing PMI® returned to expansion level with a reported value of 51.2 Likewise, consumer goods related industry segments would want to believe that inventory over hangs are being resolved and that inventory replenishment buying cycles are soon in the cards.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Matters

JANUARY 8, 2024

The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. A prior downturn in Vietnam moderated during December. by the end of the year.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Supply Chain Matters

SEPTEMBER 6, 2023

The overall pace of decline in overall new business was noted by the report authors as the steepest since January and have led Taiwanese manufacturers to lower their purchasing activities, drawdown inventory levels and continued staff level reductions. The inventories index decreased 2.1 Continued Contraction Levels for the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. That has dramatically increased the cash tied up in inventory,” said Rogers.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Inventory Reduction 62

Enterra Insights

MAY 16, 2022

Reliable financial analytics across the enterprise — including branches, plant assets, fleets, and inventory — are required. McCrea reports, in response to the current situation, “some companies are procuring materials from more U.S. Disparate or siloed systems will make consolidating capital harder.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

Logistics Bureau

MARCH 3, 2020

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. Most companies are scurrying around trying to find alternative procurement options until the crisis plays itself out. COVID-19 Impact on Shipping.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Supply Chain Matters

NOVEMBER 4, 2022

Morgan indicated, in part: “ With business optimism and the orders-to-inventory ratio also both dipping to their lowest levels in two-and-a-half years, the outlook for production remains downbeat.”. percentage points for October while the Inventories Index declined three percentage points. for October, compared to 52.5

Manufacturing Procurement 52

Manufacturing Procurement Report Global Manufacturing 52

Logistics Bureau

JANUARY 19, 2020

I’ve been taking them around the Asia Pacific region for several years, and the seminars have received a tremendous reception in Thailand, Vietnam, and of course, Australia. Procurement and purchasing. Inventory management and optimisation. Supply chain strategy development and alignment. Supply chain and logistics outsourcing.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Cost Reduction Strategies 52

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Unleashed

MARCH 31, 2021

The life of coffee begins with growers in the likes of Brazil or Vietnam. You’ll see that the KPIs in both supply chain management and logistics are very similar, in that they often track the movement or storage of inventory. Inventory days of supply. Supply chain management is the act of planning and managing this network.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

BlueYonder

AUGUST 29, 2019

increasing inventory before the deadline. Loading up on inventory drives additional inventory carrying costs, insurance and often contracting for more storage. It must consider meaningful news and events as well as understand constraints from partners, infrastructure, procurement, production, distribution, and transportation.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 48

Supply Chain Matters

AUGUST 3, 2023

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.”

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Supply Chain Matters

JULY 18, 2023

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China de-risking sourcing actions. For those businesses located in the U.S.,

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Matters

MARCH 10, 2022

We further cited CMS provider Pegatron ’s announced manufacturing investment in India, and expansion in Vietnam. Noted was that the digital transformation of Lean practices requires new definition and direction for just-in-time inventory management flows.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52

Elementum

APRIL 4, 2018

While they may not all be cheap, there are options for companies that want to weave domestic procurement into their supply chains. India and Vietnam might snag bigger shares of apparel and electronics manufacturing as US companies look to restructure their supply chains. Final Thoughts.

Policies 74

Policies Manufacturing Procurement America Supply Chain Software 74

BlueYonder

AUGUST 29, 2019

increasing inventory before the deadline. Loading up on inventory drives additional inventory carrying costs, insurance and often contracting for more storage. It must consider meaningful news and events as well as understand constraints from partners, infrastructure, procurement, production, distribution, and transportation.

Optimal Sourcing 40

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 40

Supply Chain Matters

SEPTEMBER 17, 2022

The company’s range of diverse business services spans many dimensions of industry specific logistics, inventory management, transport and last mile services. The sudden decline in consumer demand for either pandemic or other needed material purchases has caught many businesses with excess inventories and frankly, some surprise.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Supply Chain Matters

AUGUST 2, 2022

Apple has for the past two years, begin shifting some of its contract manufacturing capacity for certain models of iPhones outside of China to areas such as Vietnam and India. In retail segments, evidence continues to mount of unsold inventory, and with global wide interest rate hikes, impacts to added working capital costs mount.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

Supply Chain Matters

OCTOBER 4, 2022

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 percentage points higher.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52