This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Automotive Supply Chain: Production Shifts and Border Congestion The North American auto industry is among the largest impacted, as Mexico occupies a significant role in parts manufacturing and vehicle assembly. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $2,328/FEU. China – N. Europe – N.
When a critical Tier-2 supplier is affected by a tariff policy change or regional shutdown, the ripple effects often catch manufacturers by surprise. Second, many supply chains still lack visibility beyond Tier-1 suppliers. Finally, rigid fulfillment networks compound the problem.
As a Global Air Hub , Container Shipping &Transhipment Mega Port and Regional Logistics Node in Asia Pacific ,Singapore’s Trade dependent economy plunged into unprecedented negative economic growth. ADVANCED MANUFACTURING AND DIGITALISATION OF BUSINESSES AND INDUSTRY. wildlife conservation.
manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. based manufacturers shifting sourcing to Mexico instead of Asia traditionally took advantage of USMCA trade benefits while maintaining supply chain agility. For example, U.S.-based
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,927/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 1% to $2,338/FEU. Though Asia – N.
by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.
During the early phases of the COVID-19 pandemic, sectors such as automotive, electronics, and consumer goods experienced severe disruptions due to factory shutdowns and shipping constraints, primarily because of dependence on suppliers concentrated in Asia.
Introduction: The Importance of Sustainability in Asia/Pacific Supply Chains. Manufacturers’ digital transformation (DX) efforts are typically focused on driving efficiencies, quality, and innovation. Organisations seek visibility to support daily supply chain operations to increase speed, reliability, and responsiveness.
You might think that the recent spate of supply chain disruptions would have caused a stampede of manufacturers out of China, or at least prompted them to diversify sourcing. But that hasn’t been the case.
Judah Levine August 6, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 10% to $6,891/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 2% to $9,661/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 2% to $7,959/FEU. Prices from Asia to N.
Radu is the Managing Director Asia Pacific & Europe of Alcott Global and the Global Head of Supply Chain & Logistics Practice. Radu is the Managing Director Asia Pacific & Europe of Alcott Global and the Global Head of Supply Chain & Logistics Practice. About Radu Palamariu. About Alcott Global.
Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia.
Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives by Luc Kremers , Vice President – Asia Pacific, BCI Global Reshoring is accelerating as American and European companies want to de-risk their supply chains from geopolitical developments and supply chain disruptions.
Asia air cargo rates increased 43% to N. Joyce Tai Joyce is an e-commerce veteran with over 17 years of experiences in digital transformation across manufacturing, distribution, sell and marketing sectors. Before Freightos, Joyce served as CCO and MD Asia at Visualead, spearheading its role in the smart packaging industry.
The impact has been far reaching, and at Logistics Viewpoints, we have documented many areas of concern, including the impact on manufacturing supply chains in Southeast Asia, the automotive and pharmaceutical supply chains, the high-tech supply chain, and the impact on retail.
Advanced planning evolved with a focus on modeling manufacturing constraints. With the contraction of air capacity and the unprecedented level of imports to the United States from Asia, logistics constraints grew in importance in the pandemic. The Emergence of Logistics as Constraint. Over time, this changed. This has changed.
Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. Manufacturing Purchasing Managers Indexes The J.P. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels. Source: J.P.
In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Currently, I am working on a study to understand the value of synchronizing contract manufacturing with in-house manufacturing and procurement. The peak disruption was in December 2021.
Bob Gill, General Manager, Southeast Asia ARC Advisory Group Bob Gill is responsible for managing ARC Advisory Group’s business operations and market research activities in Southeast Asia. summrise what was a fascinating and insightful discussion I include this chart as visual of how RPA can really support businesses to achieve.
As one of the world’s largest food and household product manufacturers, this should influence other companies to follow suit and hopefully provide sustainable packaging suppliers more volume to bring unit costs down. More cities in Asia should be experiencing quieter garbage pick-ups by the end of 2022. TRANSPORTATION. Courier Fleets.
by Dr Christopher Holmes – Managing Director, IDC Insights Asia Pacific. “By By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a 10% reduction in disruption impact.”. Defining the Roadmap for FY2022. Goodbye 2021, hello 2022. About the Author.
Shay Scott, executive director of the Global Supply Chain Institute, and professor in the University of Tennessee’s Master of Science in Supply Chain Management online program, weighs the factors that might influence American manufacturers to reshore production from Asia to the U.S.
The impact was across manufacturing plants, transport networks, warehouses, and retail outlets. Our analysis of digital and non-digital manufacturers over time shows an index of profit performance, with digital manufacturers outpacing their peers (Figure 1). Source: IDC 2021—Digital Analysis: Manufacturing.
These events have highlighted a need for agility and have led to significant changes and approaches to managing supply chains across the Asia Pacific region. . By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a 10% reduction in disruption impact.
Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? As a result, a new focus on network resilience and the idea of more regional manufacturing emerged.”. This strategy is not without its risks though.
VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. In Asia, Vietnam and Bangladesh are more important sourcing locations. Much of the world’s fabric is produced in Asia, for example. BOMs are critical for sourcing and manufacturing. But it affected VF less than many.
Asia’s increasingly dominate role in manufacturing is evident here. #4 . #3 Busiest Container Ports. This Seth Kadish map shows the locations of the 50 busiest on the planet, and the size of the dots is scaled to the quantity of goods they handle. 4 World Trade is More Important.
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. Global ramifications of port congestion.
For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Building manufacturing opportunities from the ground up. In 2019, China accounted for 28.7
Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Summary: Solving the $1.8 Key Takeaways: Solving the $1.8 Timestamps (00:00:00) Solving the $1.8T
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.
Robotic arms Robin and Sparrow were designed and manufactured at its Robotics Innovation Hub near Boston and help sort customer orders. Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal. The top five imports from Mexico to the U.S.
by Martin You – Sales Director for Asia Pacific at E2open. More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. Martin You – Sales Director for Asia Pacific at E2open. Driving Sustainable Growth Through Supply Chain Resilience.
The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Indirectly, the rest of the world benefits too. Reducing bottlenecks in U.S.
Asia rising and connected regional platforms. The rise of Asia has contributed to today’s geopolitical tensions and misalignment. But Asia will continue to grow as a manufacturing base and consumer market. But Asia is only one piece of the global supply chain puzzle.
A top-10 Forbes 500 company, the Volkswagen Group is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. The Group operates 120 production plants in 19 European countries and a further 10 countries in the Americas, Asia, and Africa. The Volkswagen Group sells its vehicles in 153 countries.
According to McKinsey, an auto manufacturer, on average, has around 250 tier-one suppliers – and 18,000 across the full value chain. Aerospace manufacturers have an average of 200 tier-one suppliers and 12,000 across all tiers. Contrast that with Southeast Asia, where we have to fill the gap with cell phone triangulation.
Manufacturers today face lots of challenges driven by changing customer expectations. This is driving manufacturing sector to create more agile supply chains. These in tunr lead to additional strain on manufacturers to track and manage thousands of different product types. Making Asia a Leader – One Green Initiative at a Time.
Companies are realising that high dependency on global sourcing from the cheapest source is a dangerous strategy in securing supply and continuity of manufacturing operations. The human factor out of manufacturing and logistics. The future of manufacturing and logistics is not anymore people centric, but technology centric!
In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. This practice is illegal. Free trade agreements (FTAs).
Built for Enterprise-Scale Operations Freightos Enterprise is specifically designed for: Large enterprise importers & exporters with $40M+ annual freight spend (or 4% of revenue) Global shipping operations across air and ocean freight Key industries include Healthcare, Pharmaceuticals, Automotive, Electronics, Manufacturing, Chemicals, Food & (..)
Companies in Asia Pacific eager to innovate with Supply Chain Optimization: The adoption of advanced analytics has moved at a much slower pace in Asia Pacific compared to Europe or North America. But the tide is turning, as Lei Wang, AIMMS VP Asia Pacific, explains in this blog post.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content