Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

Cerasis

Yesterday we spoke about the top motivations and reasons why reshoring in America from offshored facilities has several benefits and what are the statistics of reshoring since 2013. Future Outlook of Reshoring in America. Reshoring in America Outlook in the News & New Polls.

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Sourcing consus global e-sourcing source to pay sourcing

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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin is currently the Senior Vice President for Supply Chain Effectiveness at Breakthrough Fuel , but prior to that he was the Senior Director of North America Logistics Operations at Whirlpool, another company that decided to invest in US manufacturing a couple of years ago (see “ Whirlpool, On-Shore Production, and Employee Talent ”).

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created at the source of our products, services, and consumption. Sustainability is created in the jungles of Latin America. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? Source Smarter.

America’s Manufacturing Future: Hope or Hype?

Enterra Insights

Half a dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, wrote, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[2] He insists, “The truth is if manufacturing continues to decline, then America will decline.

Universal Supply Chain Misconceptions or “Global Sourcing Lies”

ivalua

In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally. The post Universal Supply Chain Misconceptions or “Global Sourcing Lies” appeared first on Directworks. Blog Strategic Sourcing Supply Chain

The FAST Act: America’s Infrastructure Promoting the Transportation Industry

Cerasis

America’s infrastructure , which ranges from bridges to potholes, has an average rating of a “D+.” The problems with America’s infrastructure are not specific to any one state. https://www.whitehouse.gov/campaign/rebuild-america. What’s Next for America's Infrastructure?

Shoring up Sourcing Strategies

Inbound Logistics

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions

Strategic sourcing and ‘big data’

ivalua

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. As a sourcing professional, big data can help you automate and streamline your job – if you have the right tools. Uncategorized big data strategic sourcing

Shoring up Sourcing Strategies

Inbound Logistics

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions

Strategic National Stockpiles and Sourcing for the National Interest!

Supply Chain Game Changer

The decision by President Trump to tell 3M to stop shipping masks to Canada and Latin America is astonishing given that all of humanity is facing the same crisis. to Canada or to Latin America. Sourcing mapping for existing and potential suppliers. Subscribe Here! Email Address.

Made in America, Again

Supply Chain 24/7

It also explores the strategic implications of the shifting cost equation for companies engaged in global sourcing This report, the first in a series, examines the economic trends that point to a U.S. manufacturing renaissance.

This Week in Logistics News (October 29 – November 2, 2018)

Talking Logistics

The America-Free Trans-Pacific Partnership Is a Done Deal (WSJ – sub. ” Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, Aug. I’m in beautiful Santa Fe, New Mexico this morning.

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., Source: Machine Learning & AI in Transport and Logistics, Frank Salliau & Sven Verstrepen Logistics Meets Innovation Vlerick Brussels – Nov.

10 Ways Machine Learning Can Improve Manufacturing Today

IQMS

Source: McKinsey/Harvard Business Review. Source: Boston Consulting Group, AI in the Factory of the Future, April 18, 2018. Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector? (52

10 Ways IoT Can Improve Supply Chains

IQMS

32% of enterprises are adopting blockchain to gain greater speed compared to existing systems, and 28% believe blockchain will open up new business models and revenue sources.

Made in America Gifts For the Holidays

Material Handling & Logistics

A study done in 2015 by Moneycrashers.com found that consumers preferred made in America for other reasons including: Jobs -- The most common reason shoppers give for buying American is to help save or create jobs in the United States. Source ID. Source ID. Source ID.

Industry 4.0’s Potential Needs To Be Proven On The Shop Floor

IQMS

Source: Industry 4.0: Source: Industry 4.0: Source: Industry 4.0: Source: Industry 4.0: Source: Industry 4.0: Source: Industry 4.0: Manufacturing Across America Manufacturing Trends & News Technology & Automation erp Industry 4.0

Two Important Questions About the Future of Freight Moves

Talking Logistics

The projections are from BTS’ and FHWA’s latest version of the Freight Analysis Framework (FAF) , “which integrates data from a variety of sources to create a comprehensive picture of freight movement among states and major metropolitan areas by all modes of transportation.”.

How the Pandemic Has Cast a Spotlight Emphasizing Contingency Planning

USC Consulting Group

Evidence of this was the fact that over 60% of respondents said they experienced delays in receiving orders from China, an issue that may have been avoided by dual sourcing. The same can be said for those who use dual sourcing strategies.

What Is Supply Chain ERP?

IQMS

A Supply Chain ERP system orchestrates and optimizes forecasting, pricing, procurement, sourcing, and inbound product quality levels across the many supplier relationships manufacturers have, providing real-time accounting and financial reporting of each transaction.

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10 Signs A Food & Beverage WMS Needs Help

IQMS

High per-unit costs dominate the financial statements over the last few months with inventory, warehouse management, and logistics costs being the primary sources of cost overruns.

Manufacturing Gains From Machine Learning

IQMS

Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector? (52 Source: Technology and Innovation for the Future of Production: Accelerating Value Creation (38 pp., Source: Honeywell Connected Plant: Analytics and Beyond. (23

ERP For Small Business: 10 Features You Need To Accelerate Growth

IQMS

All Posts Manufacturing Across America Manufacturing Trends & News Technology & Automation

Food and Beverage Industry Reevaluating Strategies to Combat Coronavirus

USC Consulting Group

In a Thomas survey conducted in April, nearly two-thirds of manufacturers indicated they planned to increase production and sourcing in North America, 28% of which said this move was “extremely likely,” Supply Chain Dive reported separately.

Making Food & Beverage Supply Chains Pay

IQMS

Source: Dyer, J. Bottom Line: High performance, integrated food & beverage supply chains are the lifeblood of successful manufacturers in the industry, enabling them to flex in response to customer demand.

Truck Driver Shortage Tops America’s Transportation Concerns

GTG Technology Group

Growing demand about truck transportation has stretched America’s trucking industry to its limits. Sources: [link]. The post Truck Driver Shortage Tops America’s Transportation Concerns appeared first on GTG Technology Group.

An Update on the Reshoring Revolution in America & Some Surprising Facts

Cerasis

While an exact source is unknown, we can assume the majority of U.S. Essentially, the problems with reshoring are reflecting the growing skills gap in America and traditional competitive advantage actions. Customers are more involved in the product lifecycle when Made in America. customers want products made in America. is starting to feel more comfortable with paying slightly more for goods made in America than goods made in China.

How Blockchain Can Improve Manufacturing In 2019

IQMS

Increasing visibility across every area of manufacturing starting with suppliers, strategic sourcing, procurement, and supplier quality to shop floor operations including machine-level monitoring and service, blockchain can enable entirely new manufacturing business models.

Coffee Shops Are Already Running Out of America's Newest Milk Craze

Supply Chain Brain

Food & Beverage All Technology Sourcing/Procurement/SRM Home Page Latest News Home Page Slider Featured Content North AmericaIt’s called oat milk, and baristas love its light, hearty flavor that lets the java beans take center stage. As more consumers choose plant alternatives to dairy, it’s gotten so popular that just in the last month, some coffee shops were left without oat milk for days, even weeks. To meet demand, producer Oatly Inc.

Is Soy the Next Palm Oil?

EHS Sustainability Knowledge at Work

Soy is now South America’s most traded agricultural commodity – with production soaring in response to growing global demand, largely for soy as an animal feed to keep pace with our appetite for meat, eggs and dairy.

Everyone Is Sick of the 3 Worst Bottlenecks in America

GTG Technology Group

Recently, the American Highway Users Alliance and the American Transportation Research Institute’s ranked a list of the worst bottlenecks in America. Sources: [link]. The post Everyone Is Sick of the 3 Worst Bottlenecks in America appeared first on GTG Technology Group.

America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

Diversifying sources of production is another key component in building supply chain resilience. US manufacturing activity dropped slightly in March. According to a report by the Institute for Supply Management, factory owners are increasingly concerned about how new trade restrictions levied by the Trump Administration will affect them.

Desjardins Selects Ivalua & Fluxym to Enable Source-to-Settle Transformation

ivalua

The largest financial cooperative in Canada will leverage Ivalua to streamline sourcing execution processes to increase value across the supply lifecycle. To support the company’s strategic objective to better serve its clients and members, Desjardins requires a more efficient and streamlined sourcing and contracting process. Fluxym is also a value-added reseller of the best Source-to-Contract (S2C), Procure-to-Pay (P2P) and Travel & Expense solutions on the market.