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Bob Gill, General Manager of ARC Advisory Group (right), presented the award to Dave Ching, Head of Sales for Southeast Asia, Australia, and New Zealand (left). Running concurrently, LogiSYM Asia Pacific 2025 provided a strategic complement to CeMATs technology-driven focus.
Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production. For example, U.S.-based
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions.
Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
auto parts are sourced from Mexico, making the tariff impact immediate and severe. Major tech firms are shifting chip production to Taiwan, South Korea, and Southeast Asia to reduce dependence on China. Approximately 40% of U.S. Vehicle production costs in the U.S.
However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits. They also show how critical the sourcing and movement of goods are to businesses and economies as a whole.
We’re talking about solving for the entirety of the procurement lifecycle from strategic sourcing through execution and analysis. The future belongs to connected platforms that can bring together disparate data sources and processes into a coherent whole. Hes proven go-to-market and growth leadership across industries.
Scott Phillips, Supply Chain Director – Global Shoes Production & Sourcing at ECCO Shoes. Dr Christopher Holmes, Managing Director at IDC Insights Asia Pacific. Panellists: Joe Lombardo, Director – Project & Performance Management at ESP Consult.
With Freightos Procure, were now in a position to build true Procurement Intelligence by combining global market data with modern sourcing and decision-making processes. Former Global Logistics Partner Manager at Kuehne+Nagel, specializing in LSP sourcing, onboarding, and management.
It’s having an impact mainly in Europe and Asia. But now ships between Europe and Asia are instead going around the Cape of Good Hope on the southern tip of Africa, which can add anywhere from 10 days to a month of travel time compared to the Red Sea/Suez Canal route. shipping containers and stacking them up to six high.
Scott Phillips, Supply Chain Director – Global Shoes Production & Sourcing at ECCO Shoes. Dr Christopher Holmes, Managing Director at IDC Insights Asia Pacific. Panellists: Joe Lombardo, Director – Project & Performance Management at ESP Consult.
18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. The Suez Canal is the shortest route for container traffic from Asia to the Mediterranean and Europe, and is also used for some volumes from the Far East or Southern Asia to North America.
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.
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals. About Ivalua. Consus Global.
Introduction: The Importance of Sustainability in Asia/Pacific Supply Chains. Incorporating circular economy principles throughout, from source to disposal. Incorporating responsible sourcing principles into the supply chain. Stephanie Krishnan, Research Director, Manufacturing Insights, at IDC Asia Pacific.
Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals. About Ivalua. Consus Global.
There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.
In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. Yes, we have achieved greater normalcy in transportation.
In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.
It still takes over 100 days to move a container from Asia to a U.S. At the beginning of June 2022, a 40-foot ocean container cost about $10,000 to ship from southeast Asia to Northern Europe This is compared to about $1,500 for the same route about 2 years ago. Customer spending patterns are changing with hyperinflation.
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 example, a redundant supply chain may have safety stocks, contingency contracts, multiple sourcing, and diversified networks to ensure the availability and continuity of supply. The port serves as a gateway for exporting coal to Europe, Asia, and South America, as well as importing coal from Canada and Colombia.
Source: J.P. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added. Together these statements reinforce the narrative that activity in Europe is weak, while activity in the US and Asia are generally stable.
Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.
Source: IDC 2021—Digital Analysis: Manufacturing. Source: IDC Manufacturing Iansights APeJ Industry 4-0 Survey. From a technology perspective the biggest challenge that industrial organisations have, is integrating operational data sources. IDC Insights Asia Pacific. Driving for Digitalisation. Making Digital Happen.
For many years the predominant priority in sourcing has been finding the lowest cost possible. This paradigm has driven an incredible the movement of a tremendous amount of production to lowest cost regions such as Asia. What is the appropriate sourcing strategy going forward? Geographic Sourcing History.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?
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.
It is with particular pleasure to chat-up with Katie Kinraid, of BluJay Asia Pacific. What are some of the supply chain challenges that you see Customers face in the Asia Pacific region and how can BluJay solutions help to solve them? What is BluJay’s future strategy for the Asia Pacific region?
With Freightos Procure, were now in a position to build true Procurement Intelligence by combining global market data with modern sourcing and decision-making processes. Former Global Logistics Partner Manager at Kuehne+Nagel, specializing in LSP sourcing, onboarding, and management.
Source: US Census Bureau. 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.
Brian Grass - Chief Financial Officer We also began dual sourcing more of our production and are now intensifying those efforts even further. We began to build out our internal Southeast Asiasourcing capabilities to accelerate supplier transitions out of China and in many cases dual source our production. Christopher J.
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. . Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021. Dr Christopher Holmes – Managing Director, IDC Insights Asia Pacific.
Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. Source: IDC, 2023 Challenges and Limitations To fully utilize the potential of generative AI, we must acknowledge and address the many obstacles that hinder its widespread implementation.
In the US the power demand is rising slowly, but Asia is the big growth area. While onshore wind power is the largest renewable, solar is now the leading source of new electric power followed by wind (mostly onshore), which is followed by new gas power plants. This is changing the power mix that grid operators must manage.
Then, blogging and web contents have become the primary source of business ideas for many working professionals. Some Observations Blogs included in Supply Chain Power 50 are from 3 regions, namely, North America, Europe, Asia/Australia but they are mainly from the United States.
Canada, the Middle East, South America and Asia are now using Ivalua’s platform to power their digital transformations, improving efficiency, reducing costs, managing risk and growing revenue. “We Sourcing decision center that empowers users to better conduct scenario analysis and make smarter supplier selection and allocation decisions.
If interested in receiving a full table of contents, please contact Conrad Hanf ( chanf@arcweb.com ) if you are located in North America, Latin America, or Asia; or Ann-Kathrin Blech ( ABlech@ARCweb.com ) if in Europe. Numerous media sources have noted warehouse automation project cancellations. Growth Inhibitors. Plans for the 2.8
The war for talent, has long been fought in Asia, as the region continues to be a power source of global growth, and as a result demand for talent often outstrips supply. He is a strong advocate of change for the Quality landscape in Asia. This is an important strategic need for an organization to address.
Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source.
The Mint staff adds, “Supply chain risk is a modern day reality and can emanate from a variety of sources, ranging from natural disasters to government policies and a host of other unforeseen events.”[2] Inevitably, these will interrupt production, increase sourcing costs, and cut into corporate revenue.”[4]
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