Remove Australia Remove Indonesia Remove Shipping Remove Sourcing
article thumbnail

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

article thumbnail

The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. But there was a cost to this.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Southeast Asian countries, Taiwan and India have become alternative manufacturing locales or sources of supply. This practice is illegal.

article thumbnail

The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

The authors then used industry sources to project demand and revenue for thee fossil fuels (oil, gas, coal) vs. seven “green” metals (aluminum, cobalt, copper, lithium, nickel, silver and zinc) that are critical to building an energy economy. And there are a few winners and losers from this scenario. The losers?

article thumbnail

Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations. To enhance resilience, supply chain strategies have shifted from cost-saving to redundancy by engaging multiple suppliers, particularly from local or nearshore sources, to mitigate supply disruptions.

article thumbnail

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

The enforcements of draconian lockdowns, various economies have experienced severe shocks, adversely affecting global trade, global tourism & travel, International Aviation and Airports as well as International Shipping and Ports. Arising from the pandemic is risk diversification i.e. reducing sourcing risks from China.

article thumbnail

Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

For the first time in many months, report authors identified export order demands originating countries as being Australia, Bangladesh, Brazil, Canada, China, Europe, Indonesia and the United States. United Kingdom manufacturers additionally pointed to the ongoing Red Sea shipping crisis leading to added supply disruptions.