Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Resilinc

MAY 31, 2022

Electrical machinery and electronics is Malaysia’s largest export category, and the nation of 33 million people is an important source of assembly, test, and packaging (ATP) for the semiconductor industry. But losing economical sources of palm oil and rubber products could have serious impacts on revenue and margins.

Malaysia 62

Malaysia Purchasing Skills Sourcing Price Reduction 62

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. Japan’s Nintendo also pulled out some of the portion of its video game production from China to Vietnam because of the ongoing trade wars. Source: Vietnam Briefing.

Vietnam 35

Vietnam Supply Chain Risk Management China Risk Management 35

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The above seems to imply, from our lens, the movement toward China Plus sourcing activity.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Supply Chain Digest

AUGUST 27, 2019

Vietnam is Practically Sold Out of Capacity, but Finding Component Sources is Major Challenges

Vietnam 32

Vietnam Sourcing China Company 32

Supply Chain Matters

MAY 26, 2022

In this Supply Chain Matters editorial commentary we address the dichotomy of revisiting supply chain strategic sourcing strategies in the wake of a rapidly changing l landscape of challenges. Strategic Sourcing Shifts Away from China. Basis of Materials Strategic Sourcing. Background. The rest, as they often say, is history.

Sourcing Strategies 52

Sourcing Strategies Material Savings Cost Reduction Strategies Manufacturing Procurement 52

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. Every company wants to save money, but the right sourcing software can help you manage spend and save money the right way. Illegal sourcing. Falling for unethical business practices can affect sourcing and procurement. Favoritism.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Supply Chain Matters

MARCH 21, 2023

In addition to big name companies such as Samsung , Qualcomm , and others, when it comes to China sourcing, Apple clearly comes to mind as very influential and powerful in terms of supply network strategy implications. as one of many manufacturers exploring production sourcing beyond China.

China 52

China Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement 52

Supply Chain Matters

JANUARY 9, 2024

Prediction Background In our prior 2023 predictions published a year ago, we included two separate predictions related to how supply management and their strategic sourcing teams would encounter an added focus on business strategy alignment. Such efforts indeed occurred as was added evidence. Added Evidence Data According to U.S.

Predictive Analytics Software 52

Predictive Analytics Software Material Savings Agile and Lean Supply Chain Sourcing Strategies 52

Supply Chain Matters

MARCH 1, 2023

based companies doing business within, or sourcing supply chain materials and production within China. based companies sourcing in China would be impetus to accelerate termed China Plus alternative or supplementary sourcing strategies. as one of many manufacturers exploring production sourcing beyond China.

China 52

China Survey Manufacturing Procurement Sourcing Strategies 52

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. Many Japanese companies are already manufacturing in Vietnam. But global dependence on Chinese manufacturing is mind-boggling…. Very regulated economy. Labour lacking skills in high-tech manufacturing. High-tech manufacturing infrastructure in place.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies China Material Savings 52

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

However, measures such as alternative factories, dual sourcing and more generous safety stocks go against the well-versed philosophy of lean supply chains that has prevailed in recent decades,” he says. Multi-Sourcing. The same computer intelligence can also be used to optimise the sourcing and onboarding of new suppliers.

Agile and Lean Supply Chain 246

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

QAD

MARCH 28, 2024

In 2022, a report from Sheffield Hallam University found that every large car manufacturer was at a high risk of sourcing parts linked to Xinjiang. CBP has stopped more shipments from Malaysia and Vietnam than from China itself. This could include disruptive actions such as ditching suppliers and/or changing sourcing strategies.

Manufacturing Procurement 76

Manufacturing Procurement Sourcing Strategies Material Savings Malaysia 76

Supply Chain Matters

APRIL 5, 2024

along with Vietnam, Thailand and Indonesia. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. Growth expansion has returned across China and the U.S. reflecting a 1.3 import needs.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

QAD

APRIL 16, 2024

A key trend Mr. Seward highlighted is the shift towards near-shoring and the emergence of Mexico as a key trade partner for the USA, and other countries such as Vietnam. With challenges ranging from trade tensions to supply chain talent shortages, the imperative to build resilient supply chains has never been more apparent.

Supply Chain Software 79

Supply Chain Software Agile and Lean Supply Chain Sourcing Strategies Supply Chain Optimization 79

Resilinc

MAY 2, 2023

From Q3 2022 to Q2 2023, CBP stopped 3,588 shipments for further evaluation valued at $1,078 million mainly from Malaysia, Vietnam, China, and Thailand. As for the other countries, 38% of electronics came from Vietnam and nearly 1% came from Thailand. 51% of the goods came from Vietnam and 49% came from China.

Industrial 62

Industrial Industry Malaysia Vietnam 62

Supply Chain Matters

OCTOBER 31, 2023

Prediction Three of our research advisory indicated that more direct control of strategic and tactical direct materials sourcing would continue to be a prominent element of business strategy in 2023 and beyond. In 2022, more U.S. percent to 11 percent due to disruption in either their engineering, supply, production or operations units.

Study 59

Study Supply Chain Software Supply Chain Strategy Sourcing Strategies 59

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

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.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

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

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

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

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

Logistics Viewpoints

JUNE 20, 2022

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.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

Supply Chain Matters

MARCH 31, 2023

Background In a number of prior Supply Chain Matters blog commentaries, we have highlighted for readers how global smartphone and consumer electronics provider Apple has behind the scenes been influencing key contract manufacturing and component suppliers to begin to establish alternative sourcing of materials and production beyond China.

China 52

China Sourcing Strategies Manufacturing Procurement Material Savings 52

Supply Chain Matters

NOVEMBER 1, 2022

Citing informed sources, the report indicated that a plan to shift some production to other Foxconn sites in China was underway. Further noted in this report were sources indicating that in recent days, Apple has informed suppliers- “ to more actively plan on increasing production outside China.”

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Material Savings Supply Chain Planning Software 59

NC State SCRC

JULY 28, 2019

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. This includes, but is not limited to, the proper disposal of hazardous waste.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 40

Supply Chain Matters

FEBRUARY 19, 2024

Reportedly, the vast majority of detained goods were produced in either Malaysia, Vietnam or Thailand. A further indicated misnomer is that ESG certifications from third-party certification entities should address and avoid forced labor risks. The authors observe they are not a substitute for supply chain due diligence actions.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

Supply Chain Matters

OCTOBER 25, 2023

The increased geo-political tensions involving influential global nations is more and more spilling over into supply chain sourcing and business policy dimensions. With the heightened geopolitical and trade tensions that surround China , the U.S.

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Design Software Modeling Software Taiwan 59

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

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Supply Chain Matters

FEBRUARY 5, 2024

The S&P Global Vietnam Manufacturing PMI® reentered expansionary level at a reported value of 50.3 This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines , Singapore , Thailand , and Vietnam. from the 48.9 level reported for December. in January from 49.7 reported for December.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Supply Chain Collaborator

JUNE 25, 2020

The survey shows that a full third of companies with global supply chains intend to move their sourcing and manufacturing activities out of China in the next few years. With trade wars and tariffs pinching operational profitability, manufacturers are looking at alternative locales like VietNam, India and, Mexico.

Manufacturing Procurement 142

Manufacturing Procurement Manufacturing Gartner Supply Chain Network Software 142

Freightos

APRIL 27, 2023

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. But a strike at a port in Germany or a typhoon off the coast of Vietnam, while temporary, can have major implications for supply chains. But even since July 2020, much has changed. And they are.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Supply Chain Matters

APRIL 6, 2022

Source: JP Morgan and S&P Global, March 2022. The S&P Global Vietnam Manufacturing PMI® declined to a value of 51.7 There is also a developing understanding on what impacts there will be regarding supplies of key commodities that were sourced in both Russia and Ukraine. Global Wide Production Activity.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Logility

MAY 12, 2021

For example, a garment produced in Vietnam of fabric knit in China is covered by the WRO, if the cotton was picked in XUAR. Companies, especially larger ones with market presence, may be called upon to exert leverage via business relationships and sourcing choices. This has already begun.

Supply Chain Planning Software 185

Supply Chain Planning Software Manufacturing Procurement Scenario Planning Supply Chain Planning 185

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

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Matters

APRIL 13, 2023

Background In early December of 2022, we called Supply Chain Matters reader attention to published reports acknowledging that consumer electronics giant Apple was accelerating actions to source some hardware production outside of China. Reportedly, the current goal is to have upwards of 25 percent of iPhones assembled in India by 2025.

India 52

India Manufacturing Procurement Sourcing Strategies Report 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

For instance, sourcing of raw materials for battery manufacturing may become the next great supply problem as automakers bet big on electrification in 2023. Technology enables new sustainability solutions The year 2023 will also be essential for the pursuit of sustainable industries.

Supply Chain Software 130

Supply Chain Software Modeling Software Demand Planning Software Sustainability 130

Supply Chain Matters

JUNE 5, 2023

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

Manufacturing Procurement Optimal Sourcing Global Thailand 52

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

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52