article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

article thumbnail

Molex Prizes Agility

Logistics Viewpoints

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. Keys to Success.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Do Americans Really Want Splendid Isolation?

Enterra Insights

In his first week in office, President Biden signed Executive Order 14005, Ensuring the Future is Made in America by All of America’s Workers, launching a whole-of-government initiative to strengthen the use of federal procurement to support American manufacturing.”[1] Procurement must also be considered.

article thumbnail

2012 Supply Chain Predictions: Is the End of the World Nigh?

Supply Chain Network

But 2012 is an extra-special year; it carries heavy historical baggage chock full of dire predictions. Nostradamus painted a bleak picture of massive destruction and mayhem brought about by a comet in 2012. In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 Supply Chain Predictions for 2012.

article thumbnail

10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films

SCMDOJO

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

article thumbnail

Freightos is going public…and how we got here

Freightos

I started Freightos a decade ago, in 2012. I can walk into a local shop and purchase products from all around the globe. We passed this cost on to the lighting fixture manufacturers, who no doubt passed on these costs to the consumers. Between 2012 and 2019 we made the most of what we had. First, some background.

article thumbnail

Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

You could answer them with a purchase order (P.O.) Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. Sourcing uses P.O. Why is it late?