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Random thoughts on “close-to-home-shoring” based on my travels last week…

Supply Chain View from the Field

Later in the week, I traveled to Monterrey, Mexico to speak to a group of executives at Xignux, a large private manufacturing company of cable, food products, engineering services, and power generation equipment.

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Trends in Sustainability: Deglobalization will accelerate in 2024

Freightera

Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well. Circular economies will increasingly be sustainable, and local economies as well.

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Made in America: What it Means to the Country

GlobalTranz

As of 2016, American manufacturing adds $6 Trillion to our economy , accounting for 12 million jobs. We’ve received radioactive steel, toxic dog food and poisonous flooring products. Some American manufacturing is based on exquisite craftsmanship – with a reputation to match. Paychecks Matter. It’s a lose/lose situation.

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Supply Chain Market Report – August 2022

Elementum

First, poor policy choices around requirements for organic farming cut Sri Lankan food yields in half. When Sri Lanka started running out of dollars to import food, central banks started manipulating the local currency to try to keep more US Dollars. This triggered bank runs just as food and other necessities began running out.

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The Emerging Supply Chain Wars

NC State SCRC

Even the World Trade Organization chief economist Patrick Low describes these “hybrid value chains” as different: “The physical and the digital, the manufacturing and the services, and the value-added from intangible factors such as competence and reputation are simply not captured by today’s statistical methods”. [1]

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Global Luxury Management “Lifestyle” brands require push supply chain design customization

Supply Chain View from the Field

More and more global luxury brands such as Gucci, Louis Vuitton, and others are promoting themselves as Lifestyle brands, spanning many products including fragrance, home collections, apparel, paint, wallpaper, foods, and many other products. The supply chain design is very much focused on contract manufacturing to a network of factories.

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Why Global Trade Agreements must be part of your supply chain planning: Guest Post by Tim Barnes

NC State SCRC

Supply chain leaders then need to re-look at their structure, to understand how the RCEP will further restrict trade with Asia, both in manufacturing product, but also in exporting product from the US into Asia.