Remove 2008 Remove Asia Remove Manufacturing Remove Sourcing
article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Build in-market sourcing. Yes, we have achieved greater normalcy in transportation.

article thumbnail

High freight costs for importers means higher price tags for consumers

Freightos

Meanwhile, ocean carriers were preparing for an economic slump similar to 2008 which negatively impacted the ocean shipping industry, so they were initially limiting activity to save costs. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. Start shipping now.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Airbus to Double China Based Final Assembly Aircraft Output

Supply Chain Matters

The Announcement Commercial aircraft designer and manufacturer Airbus announced plans t o double the production of the company’s final assembly production capabilities within China. This facility has been operational since 2008. At the same time, it is likely that these orders stipulate that aircraft must be assembled within China.

China 52
article thumbnail

This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. This was part of the reason the company missed its 2008 goal to reduce aircraft emissions by 20 percent by the end of 2020. Rob Spilman Jr.,

article thumbnail

Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions since its inception in 2008. A China Plus sourcing stance has become ever more important as is longer-term alignment to government induced supply chain policies and legislation initiatives for deemed critical materials.

article thumbnail

Labor Strike Targeting the Three U.S. Automakers- Update Two

Supply Chain Matters

In this second Supply Chain Matters reader update, we highlight the ongoing supply chain and manufacturing implications of the labor strike involving the three U.S. automakers were forced to formulate production or component alliances with Asia based suppliers either in China or operating in in Mexico in order to support U.S.

article thumbnail

Malaysia and Singapore’s 7 Best ERP Systems for Omnichannel Operations

Vinculum

Per a survey, the Asia Pacific region stands at the top level in the emerging ERP markets, with an annual rate of 9.8 Epicor deals in providing Manufacturing solutions. As per the report, manufacturing companies top the list for accessing ERP software. per cent by 2027. Malaysia and Singapore deal more in trade and business.