Resilinc

APRIL 17, 2024

This provides benefits like shorter transportation times and improved inventory efficiency. The benefits of reshoring include more control over the supply chain, lower shipping costs, and increased adaptability to market changes. Key countries that businesses are moving to include India, Thailand, and Vietnam.

Sourcing Strategies 101

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 101

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Inventory and Capacity Buffers. Whether in the form of underutilised production facilities or inventory in excess of safety stock requirements.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

NC State SCRC

DECEMBER 15, 2022

Moreover, Amazon refused even to discuss the situation in good faith with Gilimex, locking Gilimex’s CEO and management team out of Amazon’s headquarters in North Reading, Massachusetts after the Gilimex team had traveled thousands of miles from Vietnam for a meeting.”

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

BlueYonder

OCTOBER 11, 2021

And did we mention that many retailers are scrambling since factories in Vietnam are shut down or operating at very limited capacity due to COVID outbreaks. Let’s start with inventory issues. Many retailers who rely on merchandise produced in Vietnam are re-evaluating what they can get to showrooms in time for fall and winter.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Los Angeles 52

ToolsGroup

AUGUST 12, 2022

Using shop-by-store features to check inventory availability before going to make purchases in-store. Buying products in-store, then having them shipped to their homes. Inventory Visibility. Today’s retailers are embracing inventory visibility to streamline omnichannel operations. Buy online and return in-store (BORIS).

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

BlueYonder

SEPTEMBER 30, 2021

During the pandemic when no one was flying, the snacks were packaged for different uses and shipped elsewhere. What’s going on in Vietnam? Before July, COVID-19 wasn’t widespread in Vietnam, but since then, over 10,000 cases have been identified. Find out more in our recent blog post The Case of the Missing Airport Snacks. .

Supply Chain 67

Supply Chain Vietnam Supply and Demand Brazil 67

ShipBob

DECEMBER 18, 2019

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory!

How To 136

How To Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 136

The Logistics & Supply Chain Management Society

JULY 16, 2023

The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape. We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

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. Meanwhile the related S&P Global UK Manufacturing PMI® posted a slight increase, rising to 47.5

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

EMERGE App

DECEMBER 18, 2018

Shipping costs are also expected to spike upwards. It raised its prowess from running mere factories to one that offered a complete value chain: from research and development to shipping and fulfillment. China, Thailand, Vietnam, Indonesia, and Malaysia produced Japanese branded goods. Drop Shipping Will Face a Decline.

Distribution 74

Distribution Trends Manufacturing Procurement Vietnam 74

Unleashed

JUNE 22, 2022

Some moved from just-in-time to just-in-case, even if this meant more cash tied up in inventory and a higher risk of waste. To find out, we have created a Product Lead Time Index using data from our inventory management software to track how product lead times have changed since the height of Covid-19.

Inventory Reduction 98

Inventory Reduction Waste Reduction Price Reduction Material Savings 98

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

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. More prominently, is the significant increase in ocean container shipping costs coupled with longer transit times from Asia to the United States. from pre-pandemic levels.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

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 The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

CH Robinson Transportfolio

NOVEMBER 13, 2018

In a typical year, shipping by air and ocean follows a fairly predictable pattern of peak and slow times. Many shippers in this lane have ramped up their shipping early, while others are choosing to pay higher spot market rates in their preferred shipping times or waiting to see what will happen next.

Shipping 34

Shipping Manufacturing Procurement China Optimal Sourcing 34

Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. struggles with low inventory-to-sales ratios , brands are having to spend top dollar to get products in stock quickly.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Expense Reduction 78

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

Supply Chain Shaman

JUNE 21, 2014

I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. In prestige beauty and nutritional supplements, the cost to ship the product is minuscule. For example, we produce in Vietnam and China.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

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

Elementum

MAY 26, 2022

2) Ship to the US and Western Europe. They expanded first into other parts of eastern Asia (Vietnam, Thailand, India), then into eastern Europe (Poland, Ukraine) and Mexico. If that were not enough, consumers have also grown to expect (and demand) full transparency of the entire shipping process, down to the item level.

Supply Chain Disruption 78

Supply Chain Disruption Agile and Lean Supply Chain Purchasing Skills Supply Chain Software 78

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. The life of coffee begins with growers in the likes of Brazil or Vietnam. Inventory days of supply.

Supply Chain Planning Software 69

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

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

Resilinc

JULY 20, 2021

Closer proximity—as compared to Asia—alone could reduce shipping times and inventory costs, as well as the greenhouse gas emissions from ocean and air freight, according to the three. That has dramatically increased the cash tied up in inventory,” said Rogers. Proximity = lower costs and lower carbon.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Inventory Reduction 62

NC State SCRC

JUNE 22, 2023

The volumes shipped by VF are incredible. Do we have a crystal ball, and a system to produce a dashboard of every unit crossing a border where we pay a duty, and how much we are paying different countries like Japan, Malaysia, Vietnam or any of the hundreds of different countries we do business in today with suppliers or distributors?

Global 40

Global Price Reduction Inventory Reduction Cambodia 40

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

Resilinc

JANUARY 23, 2024

For example, when the conflict started to move outside of Gaza and into the Middle East, Yemen attacked ships in the Red Sea. This is now impacting the Suez Canal and causing ships to reroute. Then, everything else becomes inventory. These types of conflicts immediately affect the supply chain. Life finds a way.’

Supply Chain Risk Management 101

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 101

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

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. During this time, production across China will stop, and shipping will be delayed. The post Inventory planning to reduce Chinese New Year disruption appeared first on EazyStock. In 2024, this will be from February 9-15.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

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.”. The reality that U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Supply Chain Matters

JANUARY 10, 2023

Business and supply chain focused media reports already point to increased supplier and manufacturing investment in regions such as Mexico, Eastern Europe, India, Vietnam and other regions as responses to added supply network resiliency or agility. Higher cost levels will need to be mitigated or reduced.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Talking Logistics

DECEMBER 13, 2013

Same-day delivery (or is it shipping?) German shipping banks face $22 billion in losses: Moody’s ( Reuters ). Side note: I received a comment yesterday about my Home Depot posting because the title referenced same-day delivery but I also mentioned same-day shipping in the writeup. Three of Five Modes Carried More U.S.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Negotiating Skills Vendor Strategies Inventory Reduction 132

Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping. And, according to some analysts, things could get worse—a whole lot worse!

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

NC State SCRC

SEPTEMBER 29, 2019

While many people think there are “free trade” for agreements like NAFTA that make it easy to ship across borders, think again! FTZ’s allow product to be imported and stored in a large DC, with yet to be custom cleared inventory sitting there. It all depends.

Negotiating Skills 45

Negotiating Skills Global Optimal Sourcing Modeling 45

NC State SCRC

SEPTEMBER 9, 2016

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! bankruptcy code. ordered Hanjin to keep vessels in the U.S.

South Korea 40

South Korea Cargo Thailand Indonesia 40

EazyStock

DECEMBER 8, 2021

Chinese New Year (aka Lunar New Year) might seem like a long way off, but smart inventory managers will be starting to plan for this event very soon. In 2022 this will be from January 31 until February 6, and during this time production across China will stop and shipping will be delayed. Delayed shipping. No contact.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 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

CH Robinson Transportfolio

JANUARY 8, 2019

Nothing in the Purchasing Managers’ Index®, Inventory-Sales ratio, or consumer confidence trends would indicate an impending surge in demand. Vietnam and India are commonly mentioned as countries that could benefit from escalating trade tensions, but is the local infrastructure in place to take advantage? Two steps to take now.

Trends 38

Trends Freight Inventory Reduction Cost Reduction Strategies 38