Taulia

MARCH 15, 2023

This led to shortages in materials like plastic, concrete, steel, and timber, and in January 2022, it cost $17,000 USD to send a shipping container from Asia to Europe – compared to $1500 USD in January 2021 5. In September 2022, the pound fell against most major currencies.

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

TransAudit

MAY 16, 2022

Your recovery audit company can function as a valuable source of savings and business intelligence. Understanding the logistical differences across South Asia, the American subcontinent or Europe are all key parts of the accurate global freight bill and invoice auditing. However, not all recovery audit companies are created equally.

Rail Software 52

Rail Software Supply Chain Design Software Analytics Software Logistics Network Optimization Software 52

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. This issue has affected shipping goods from Asia to Europe and the Middle East. The four major supply chain risks areas are: Supply risks : These are risks associated with the sourcing of raw materials. Optimize sourcing decisions.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Supply Chain View from the Field

SEPTEMBER 6, 2014

Across multiple industries, suppliers in North America, Europe, Asia, and Latin America all experienced a sudden drop in volume, leading to a uniform financial threat and risk of default. Suddenly, the risk of massive tiers of suppliers facing obliteration became a reality.

BRIC 74

BRIC Brazil Argentina North America 74

EMERGE App

DECEMBER 18, 2018

Business costs will rise for those who are sourcing some or most of their raw materials or goods from China. Likewise, canny manufacturers in China will move a greater proportion of their production to other countries in Asia. Another drawback to this new sourcing trend is that each country has a comparative advantage for a product.

Distribution 74

Distribution Trends Manufacturing Procurement Vietnam 74

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. Multi-Sourcing. Feature Article by Anthony Beavis, Managing Director APAC at Körber Supply Chain. Inventory and Capacity Buffers.

Agile and Lean Supply Chain 246

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

Supply Chain Game Changer

JUNE 24, 2021

For getting the final product from its original source to the customer, there is an involvement of different persons, resources, and activities to ensure that the link does not break down and companies are able to fulfill their contractual obligations timely. Inflation and currency depreciation.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 97

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. It links business records, data sources, and systems into a centralized system and integrates seamlessly with business-critical applications. 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

Enterra Insights

APRIL 20, 2023

In the wake of a pandemic, with turbulence in Europe and a slowdown in Asia, it’s important to spell out emerging risks alongside existing ones.” If a currency collapses or a supply shock hits, entire industry sectors could go down with it — not just bending your supply chain but breaking it.” ” • Conflict.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 130

Elementum

AUGUST 1, 2022

Inflation is an economic condition in which you pay more for the same product without additional value due to currency devaluation. Supply Chain Disruptions During the pandemic, the supply chain management process was extremely disrupted as the world relied heavily on Asia for manufacturing–China, in particular.

Supply Chain Strategy 78

Supply Chain Strategy Supply Chain Manufacturing Procurement Supply and Demand 78

Talking Logistics

AUGUST 4, 2015

There are many reasons for this including a multitude of additional service providers, currency and language conversions, import and export compliance restrictions, a lack of supply chain data, and the confusing nature of working with and managing disparate technology systems across various global locations.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Network Software Freight 100

CH Robinson Transportfolio

MAY 23, 2016

Other commodities, such as textiles and glass, will remain in demand to Southeast Asia and Middle Eastern countries with heavy construction projects underway. Overseas labor and production costs of similar goods exported from the United States are increasing, making exported goods more affordable compared to offshore sourcing streams.

Forecasting 34

Forecasting Optimal Sourcing United States Asia 34

Unleashed

NOVEMBER 22, 2021

Benefits for companies in this zone include no currency restrictions, corporate taxes for 15 years, and 100% foreign ownership and repatriation of capital and profits. Currency exchange, tax benefits and incentives offered by free trade zones can cultivate innovation, investment, and business confidence.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Inventory Management Software Supply Chain Planning Software 98

Supply Chain Action Blog

JUNE 29, 2016

For example, manufacturers sometimes combine a low-cost, long lead-time source in Asia with a higher cost, but more responsive, domestic source. The right solution will also connect to multiple source systems, while helping you cleanse and prepare data. . Focus on the Most Crucial Question – “Why?”

Network Design Software 40

Network Design Software Network Design Supply Chain Design Software Supply Chain Network Software 40

EMERGE App

DECEMBER 14, 2018

And for Europe and South-East Asia, it’s definitely WhatsApp. And in Japan and parts of Asia, it’s true that more decision-making insights are revealed over post-work drinks and a round of karaoke. And like the rest of Asia, your business card is an extension of you. Manage Multiple Currencies.

Optimal Sourcing 45

Optimal Sourcing Currency Purchasing Skills Negotiate Pricing 45

CH Robinson Transportfolio

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? It’s a tricky tightrope to navigate.

Sourcing Strategies 34

Sourcing Strategies Vendor Strategies Resource Reduction Material Savings 34

Material Handling & Logistics

OCTOBER 24, 2018

And so we’re taking action to sort of avoid the tariffs by moving to southeast Asia and other low-cost countries that can meet our requirements.". In many cases, we already have alternative sources that are identified. "We’re pro-actively taking action," Todd Bluedorn, CEO of Lennox International. Grainger Inc. 16 earnings call.

China 67

China Supply Chain Planning Software Company Manufacturing Procurement 67

NC State SCRC

DECEMBER 11, 2019

The goal is to create redundant sources based on supplier-specific and country-of-origin, to ensure that each product category has redundancy as a form of insurance on the supply chain. Example might include free trade zones, mapping of supplier material flows, multi-sourcing, business continuity planning, etc.).

Global 52

Global Pricing Training Negotiating Skills Negotiate Pricing 52