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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. One is the thought process around best-cost sourcing versus least-cost sourcing.

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Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

Today’s article is from FourKites and examines ocean trends for 2021. During the first six months of 2021, North America, Asia and Europe saw marked growth in shipment volume, with the highest increase seen in May. In June, shipments were up by 32% and 33% for Asia and North America, respectively, compared to January 2021.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19. Evaluating Potential for Reshoring .

Modeling 361
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HWI Unleashes Continuous Innovation

Logistics Viewpoints

The following article highlights some of the key points made by Mr. Elias and Mr. Stauffer. HarbisonWalker International Manufactures and Distributes Refractory Products. But refractories are used in a wide variety of industries, particularly manufacturing industries with high temperature or corrosive production processes.

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Supply Chain Leadership Series VI: Pam Heminger, Senior Vice President of Procurement & Planning, Caterpillar

NC State SCRC

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19. Evaluating Potential for Reshoring .

Modeling 177