ivalua

NOVEMBER 26, 2020

When it comes to factors like access to labor, it becomes an improbable task to reproduce a labor market the size of say China or India. Materials like rare earth elements have a high concentration in Asia. The skills developed and the sheer size of the labor pool makes it improbable. Supply Chain Resilience vs Low-Cost Supply Chain.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Supply Chain Matters

JUNE 17, 2022

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9 cyberattacks.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Freightos

DECEMBER 20, 2022

After fairly stable pricing in the early months of COVID’s supply chain journey , the indicative spot rate to ship a forty foot container from China and East Asia to the US West Coast increased 14X from less than $1,500 per container pre-COVID to more than $20,000 in September 2021. percentage point increase in the CPI rate.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Ware2Go

JUNE 20, 2023

In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates? In September of 2021, shipping prices between China and LA jumped a staggering 500% YoY due to congestion and lack of shipping containers.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

CH Robinson Transportfolio

JANUARY 3, 2020

For example, you might be surprised how beneficial rail service between Europe and Asia can be for your business today. . As early as 2008, multinational companies began experiencing rising labor costs in China’s coastal provinces. But this solution faced new challenges—including the distance from port services in China.

Asia 46

Asia Europe Logistics Network Optimization Software Cost Reduction Strategies 46

Freightos

JUNE 15, 2021

So a backlog of ships off the coast of California means fewer empty containers heading back to Asia, which means fewer ships and containers available for exports, raising the cost to ship a container from Asia to Europe by 400% in November and December 2020. . But then it got worse. . Logistics is global.

Global 392

Global Supply Chain Price Reduction Supply and Demand 392

Logistics Viewpoints

MAY 5, 2023

Nearly three quarters (73%) of economists surveyed as part of the World Economic Forum (WEF) Chief Economic Costs Outlook for May 2023 believed that south Asia – especially India – would benefit from recent turbulence in the global economy.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Connecticut Supply Chain Planning Software Price Reduction 197

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU.

Negotiating Skills 270

Negotiating Skills Optimal Sourcing Asia Europe 270

Supply Chain Shaman

JULY 15, 2021

China is at 74%, the United States tracks at 73%, Australia at 70%, and India at 42%. In Los Angeles, due to the trade deficit between the United States and China, 3.5 containers are received rom China for every container shipped. Making the Argument. The Economist article tracks a normalcy index by region. Price Increases.

Supply Chain Design Software 370

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 370

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. In Asia, Vietnam and Bangladesh are more important sourcing locations. Much of the world’s fabric is produced in Asia, for example. There will be no emails or spreadsheets. Conclusion.

Agile and Lean Supply Chain 214

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 214

Supply Chain Matters

MAY 3, 2024

At the regional level, improvements across Europe and in Asia continue to close some of the gap.” Brazil, China, India, and the United States indices remained at expansionary levels. The April report was headlined with India’s manufacturers increasing input inventories to near record pace to prepare for increased output.

Manufacturing Procurement 52

Manufacturing Procurement Global Purchasing Skills Supply Chain Strategy 52

Logility

OCTOBER 18, 2022

Sanctions, blocked Ukrainian ports, and stalled transportation routes have also disrupted the China-to-Europe supply chain. Rethink just-in-time inventory policies: There could be another pandemic or another war. By 1979, China was one of the globe’s fastest-growing economies.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Resilinc

APRIL 17, 2024

Nearshoring, reshoring, ally-shoring, and China+1 Many companies have started to shift away from single sourcing, using strategies like nearshoring, reshoring, ally-shoring, and China+1 to build more resilient supply chains. This provides benefits like shorter transportation times and improved inventory efficiency.

Sourcing Strategies 95

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 95

Logistics Viewpoints

JULY 22, 2022

FedEx Express introduces new routes between Asia and Europe. FedEx Express has announced the launch of a new route between Asia and Europe. Customers in North Asia, including China and Japan, will benefit from increased connection and service dependability as a result of the route. We will have to wait and see.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Supply Chain Design Software Oakland Demand Planning Software 211

Supply Chain Movement

MAY 13, 2015

‘Supply Chain Opportunities in China’. Introduction – Guillaume Burette, General Manager Logistics – DSV China. China: from sourcing location to an end market. 12:00 China as a Global Distribution Centre – Manufacturing and bonded warehousing. 13:00 Domestic warehousing and distribution centres in China.

China 60

China Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 60

Logility

MARCH 29, 2022

This is what happened next: Demand spiked for protective equipment : Everyone needed masks and gowns, most of which are produced in factories in China, so they ramped up production. This meant a shipping container shortage in China, which needed them the most as they were working night and day to produce protective gear.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Supply Chain View from the Field

SEPTEMBER 21, 2013

The next big disaster of 2013 could be the Category 5 Typhoon Usagi that is set to hit Taiwan, Hong Kong and China Mainland this Sunday. Another element of a climate adaptation plan might be to hold a certain percentage of product in inventory vs. 100% just-in-time manufacturing.

Asia 113

Asia Manufacturing Procurement South America Ireland 113

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Freightos

AUGUST 29, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) increased 5% to $2,029/FEU. Asia-US East Coast prices(FBX03 Weekly) climbed 3% to $3,075/FEU. Asia-Mediterranean prices(FBX13 Weekly) fell 1% to $2,313/FEU. kg China – N. China – N.

Price Reduction 254

Price Reduction Asia Europe Resource Reduction 254

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Businesses whose inventories ran down slowly since March started restocking.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Logistics Viewpoints

MARCH 25, 2021

Globally, natural catastrophes are the top concern for businesses in East Asia and the Pacific. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. For example, Apple, now the world’s largest company by market capitalisation, has been heavily impacted by the ongoing lockdowns in China.

Agile and Lean Supply Chain 246

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

Freightos

SEPTEMBER 8, 2020

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Businesses whose inventories ran down slowly since March started restocking.

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

Supply Chain Matters

JANUARY 19, 2024

Skyrocketing Rates A January 12 th advisory from Container xChange indicated that the average spot rate quoted for China to Europe passage was about $5400 per 40 foot container, up from $1,500 the week earlier. retailers are already experiencing notifications of extended arrival times of ordered inventory. East Coast.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52

The Logistics & Supply Chain Management Society

JULY 22, 2020

As the virus began to spread out from China, Asia, as a region, provided the first lessons to their global peers on how to mitigate the impact of both supply and demand sides. . But companies will have to go beyond the usual inventory optimisation. .

Supply Chain Software 147

Supply Chain Software Modeling Pharmaceutical Agile and Lean Supply Chain 147

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Nikkei Asia ). Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

She believes that a central Inventory System that manages all incoming & outgoing transactions and orders will provide a single source visibility, overcome some of her teething problems, and increase productivity in the Order to Fulfilment process. Let us go back to building the new add-ons or the Inventory System.

Supply Chain Design Software 246

Supply Chain Design Software Forecasting Software Predictive Analytics Software Modeling Software 246

GlobalTranz

APRIL 13, 2021

Globally, natural catastrophes are the top concern for businesses in East Asia and the Pacific. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. Other issues such as trade disputes and tariffs develop over long periods with a high degree of uncertainty.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

Supply Chain Matters

MARCH 2, 2023

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. for February, reflecting a 2.4

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #1: Global supply chain challenges have businesses turning to local suppliers.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

Supply Chain Matters

APRIL 7, 2022

The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Data published at the end of March indicates that for movement of ocean container shipping transit from Asia to North America , the average time had declined to 108 days, upwards of 15.4

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

NC State SCRC

OCTOBER 5, 2022

Despite higher inflation, the EIU predicts that recession is highly unlikely in 2022, due to the fact that many economies (including the US, Asia, and the Middle East) are experiencing solid growth and are in rebound mode. China will likely see a modest rebound after the 2022 slump, moving to only 5% growth. growth, and only 3.1%

Conference 52

Conference Ukraine Global Purchasing Skills 52

Freightos

DECEMBER 13, 2023

Judah Levine December 13, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $1,603/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.

Negotiating Skills 220

Negotiating Skills Optimal Sourcing Price Reduction 220

Enterra Insights

AUGUST 2, 2022

manufacturing capability, and increasing their inventory positions. That means a company wanting to do business in China would likely maintain manufacturing facilities in China, even if they reshore some manufacturing to the U.S. strategy needs reglobalization to snatch critical power away from China.”[5].

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design 130

Shipchain

MARCH 17, 2020

It all began in late December 2019 when the World Health Organization was informed of several cases of severe pneumonia in Wuhan, China. What was once thought to only be an issue in China is now a global pandemic, with thousands infected and a huge majority of businesses forced to close down their offices or suspend operations indefinitely.

Pharmaceutical 106

Pharmaceutical Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 106

SCMDOJO

JANUARY 31, 2024

Salaries You Can Expect in Supply Chain Management Region-Wise: Here is a list of salaries for different supply chain designations: Demand planner, Supply chain analyst, Master scheduler, Purchasing manager, Inventory manager, Logistics manager, Procurement manager, Materials manager, Supply chain manager, and Supply chain director.

Supply Chain Design Software 73

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 73