Remove Manufacturing Remove Panama Remove Procurement Remove Sourcing
article thumbnail

The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

In the short term, drought-conditions that continue in the waters surrounding the Panama Canal continue to face long waits for traversing, or potential detours. Some carriers who invested prior windfall profits in other non-freight and global logistics related areas may have a buffer in costs and potential offsetting revenues.

article thumbnail

How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers. Many businesses in the US, and elsewhere, were sourcing their componentry from China. How can businesses create the supply chain of the future?

article thumbnail

How To Overcome The Current Supply Chain Disruptions As A Manufacturer

Precoro

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. While the worst of the pandemic appears to be behind us, COVID-19's impact on manufacturing supply chains continues to reverberate the landscape.

article thumbnail

Supply Chain Resilience: The Essentials And The Non-Negotiables

ThroughPut

Businesses can no longer afford to function based on a linear “push” model – where they procure raw materials, produce goods, and go to market with what they have, whenever they have it. They are more reliable, tune in well to volatilities and help build the necessary trust between the manufacturer and the final customer.

article thumbnail

Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.