Supply Chain Matters

JUNE 9, 2023

That would include alternatives to China under the umbrella of China Plus sourcing. based companies had indicated in survey data and in concerted actions in termed China Plus sourcing strategies that either alternative, nearshoring, or reshoring efforts were being undertaken. We pointed out that in 2022, more U.S.

Manufacturing Procurement 52

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ToolsGroup

AUGUST 12, 2022

Using shop-by-store features to check inventory availability before going to make purchases in-store. In creating a seamless omnichannel experience, it is imperative to ensure your products are available when and where the customer expects them, with inventory optimized to the ideal location. . Inventory Visibility.

Omnichannel 156

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The Logistics & Supply Chain Management Society

JUNE 10, 2021

Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. 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.

Sourcing Strategies 162

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Supply Chain Matters

FEBRUARY 5, 2024

Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. The S&P Global Vietnam Manufacturing PMI® reentered expansionary level at a reported value of 50.3 The sub-indexes of new orders and production output each reportedly increased by over two percentage points. from the 48.9

Manufacturing Procurement 52

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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

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Unleashed

DECEMBER 8, 2019

The majority of the world’s coffee beans are grown in Brazil, Vietnam, Peru and Colombia, but can also be grown in other favourable, humid climates. Coffee retailers Campos Coffee source their beans from Kenya to Columbia to Brazil. Find out how they manage their complex supply chain with the help of inventory management software.

Supply Chain Planning Software 95

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Supply Chain Matters

JUNE 5, 2023

That could signal even more added inventory exposures. Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. percentage points from the April value of 46.7,

Manufacturing Procurement 52

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EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! In fact, China’s wages have been on the rise and fast-growing countries like Vietnam and Bangladesh are developing niches in footwear and clothing manufacturing as well. Introduction.

Purchasing Skills 64

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Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

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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. Contrasting Reporting for U.S. Manufacturing Among the two reported PMI reports relative to U.S.

Manufacturing Procurement 59

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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

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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

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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

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

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

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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

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SCMDOJO

APRIL 27, 2022

For the production, the appropriate raw material is sourced or produced based on the details provided by the fashion designers in the previous step. Countries, especially in South Asia, like China, India, Bangladesh, Pakistan, Vietnam, etc., This reduces the cost of keeping the inventory that would not sell.

Apparel 114

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Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.

Manufacturing Procurement 52

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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. Canada or Mexico.

Predictive Analytics Software 52

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New Horizon Supply Chain Blog

JULY 21, 2022

Related changes were also under way long before the pandemic, such as a slowing down of investment in China and a shift of focus to elsewhere in Asia, such as the Philippines, India, and Vietnam. This shift has been driven primarily by lower costs in such countries.

Trends 52

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EMERGE App

DECEMBER 18, 2018

Business costs will rise for those who are sourcing some or most of their raw materials or goods from China. China, Thailand, Vietnam, Indonesia, and Malaysia produced Japanese branded goods. For example, Vietnam supplies replacement exports for frozen shrimp, leather goods, bags, and furniture. So, the inevitable will happen.

Distribution 74

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Supply Chain Matters

MARCH 2, 2023

Report authors however, qualified that the domestic market demand was the prime source of activity growth. Vietnam The S&P Global Vietnam Manufacturing PMI® returned to expansion level with a reported value of 51.2 This upturn reportedly stretched the sequence of production level growth to 20 months.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Enterra Insights

APRIL 28, 2021

According to the survey, “Organizations have struggled to respond rapidly to disruptions and to restore operations to a steady state (for instance, restoring inventory levels and the availability of manufacturing and logistics capacity), which further highlights the lack of resilience in supply chains today.” ” 2. ” 3.

Supply Chain Transformation 130

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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

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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.” declined 0.7

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

NC State SCRC

JUNE 22, 2023

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? This is all very real. What happens?

Global 40

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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

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

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

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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

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NC State SCRC

SEPTEMBER 29, 2019

Strategic global trade decisions take on a variety of postures, including defensive, offensive, informing sourcing strategy when it comes to trade agreements, duty positioning, country pairings, and and sourcing shifts to reach some sort of global optimization, which must also consider supplier capability, capacity, and duty.

Negotiating Skills 45

Negotiating Skills Global Optimal Sourcing Modeling 45

BlueYonder

AUGUST 29, 2019

Those who source a significant portion of their goods from China. Also, those retailers who have not already diversified their sourcing options, as some of the major players have, will have little time to do that before the new tariffs kick in, putting them at a distinct disadvantage. increasing inventory before the deadline.

Optimal Sourcing 48

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Enterra Insights

MAY 16, 2022

Reliable financial analytics across the enterprise — including branches, plant assets, fleets, and inventory — are required. A modern system can analyze hundreds of thousands of data points from different sources and tell you precisely what you need to do to stay ahead of the curve. Build value network capabilities.

Supply Chain Planning Software 130

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Elementum

MAY 26, 2022

They expanded first into other parts of eastern Asia (Vietnam, Thailand, India), then into eastern Europe (Poland, Ukraine) and Mexico. Specialization and quality began to drive important sourcing decisions rather than the sole lever of saving partners a few dollars on materials and manufacturing alone.

Supply Chain Disruption 78

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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

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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. Nike manufacturers are based in China, Indonesia, and Vietnam.

Supply Chain Design Software 60

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BlueYonder

AUGUST 29, 2019

Those who source a significant portion of their goods from China. Also, those retailers who have not already diversified their sourcing options, as some of the major players have, will have little time to do that before the new tariffs kick in, putting them at a distinct disadvantage. increasing inventory before the deadline.

Optimal Sourcing 40

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 40