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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

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.

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Another Asian Trip and Added Apple Sourcing Options

Supply Chain Matters

Apple CEO Tim Cook has wrapped up his latest Asian trip, one that is being described as the most extensive Southeast Asia trip in years. Visits to Vietnam , Singapore and Indonesia have featured itineraries that included meeting with governmental leaders, technology users, content providers and other groups. Is iPhone U.S.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

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2024 Predictions for Industry and Global Supply Chains- Prediction Two

Supply Chain Matters

As Simon Gale, Executive Vice President at supply chain procurement services firm Proxima, and others have come to observe : “ The reality of global supply chains is that onshoring to the point of self-sufficiency is not possible, hence a complex web of stimulating investments and strategic supply chain partnerships. ”

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

In Asia, Vietnam and Bangladesh are more important sourcing locations. Much of the world’s fabric is produced in Asia, for example. VF is having conversations with fabric manufacturers to encourage them to produce more fabric in factories outside of Asia. There will be no emails or spreadsheets.

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.

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AmCham Survey Indicates China Strategic Investment is a Lesser Priority

Supply Chain Matters

Prediction Three of the report indicates : More Direct Control in Strategic or Tactical Material Sourcing Will Continue to be a Prominent Element of Business Strategy for Businesses and their Chief Supply Chain or Chief Procurement Officer Efforts. Our sense was that Apple’ s experience, along with others involving U.S.

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