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

Logistics Viewpoints

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. VF is having conversations with fabric manufacturers to encourage them to produce more fabric in factories outside of Asia.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.

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Port Congestion Update

Shipsy

Rice exports also have seen substantial movement to Bangladesh from Mundra , whereas the MHA has been pushing west Bengal government to start moving them via road as well. Major mobile phone manufacturers also have resumed operations in Uttar Pradesh, Bangalore and Chennai. Blank Sailings Due to Corona Virus-Increasing Shipping Costs.

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Port Congestion Update – There growth in the number of containers cleared at Nhava Sheva and Mundra

Shipsy

Rice exports also have seen substantial movement to Bangladesh from Mundra , whereas the MHA has been pushing west Bengal government to start moving them via road as well. Major mobile phone manufacturers also have resumed operations in Uttar Pradesh, Bangalore and Chennai. Get Rid of Your Excels for Managing Shipments with Shipsy.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

Factories around the world produce millions of items of clothing and accessories for top European and American brands, which are packaged, shipped and sold in every country worldwide. The “fast fashion trend”, which means that collections are distributed in shorter, and shorter periods of time, has transformed the procurement function.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. She predicted that shoppers would see more restricted ranges on supermarket shelves “to allow more throughput from suppliers and manufacturers of food”. Sectors such as apparel, which have shifted production to countries such as Vietnam and Bangladesh, may see reshoring in the long run.

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.