Logistics Services Providers Shift Investment Focus Outside BRIC Markets

BluJay Solutions

The emerging markets of Brazil, Russia, India and China that make up the ‘BRIC’ acronym continue to forge ahead. Many manufacturers are seeking alternatives to BRIC countries, in particular China, as part of their future sourcing strategies.

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What does the global trade chess board look like lately ?

NC State SCRC

Once you layer on the need to monitor and comply with forced labor regulations, understanding where your raw materials are grown or mined to comply with conflict minerals and environmental requirements, as well as product safety, and the sourcing environment becomes very complicated indeed.

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Supplier Financial Health: Don’t Wait for the Worst, Reach out and Talk!

Supply Chain View from the Field

Traditional methods of supplier risk mitigation involve diversifying risk, multiple sourcing, or switching suppliers, which are not effective in situations where entire regions, industry segments, or supply chains are experiencing financial distress. BRIC Supply Chain Procure to Pay Strategic Sourcing Supplier Relationship Management Supply Chain Management Supply chain Relationships Supply Chain Risk Working Capital Management

“The Procurement Value Proposition”: Guest Post by Gerard Chick Part 1

Supply Chain View from the Field

BRIC Supply Chain Business Process Outsourcing Category Management Global Supply Chain Procure to Pay Strategic Sourcing Supplier Relationship Management I was recently interviewed by Jon Hansen on Blog Talk Radio , discussing my new book “The Procurement Value Proposition” co-authored with Gerard Chick. In the interview, I discuss some of the major changes going on in the procurement area, and how we are at a crossroads for driving change.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

In particular, the focal BRIC (Brazil, Russia, India, and China) represent major targets for expansion, but with them come a host of new problem that enterprises have little to no experience in dealing with in terms of logistics capabilities. The globalization of organizational supply chains will continue to expand, as organizations seek growth markets in the BRIC countries of Brazil, Russia, India, and China. 2013 has certainly been an interesting year!

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

Supply Chain View from the Field

This is a challenging sourcing base, and global luxury brands must also pay attention to general labor and supply chain compliance policies. Analytics BRIC Supply Chain China Supply Chain Corporate Social Responsibility Customer Relationship Management Design for Supply Chain Emerging Issues in Supply Chain Global Supply Chain Luxury Brands Supply Chain Management

FMCG Manufacturing, Sourcing and the Ukraine-Russia Unrest

Enchange Supply Chain Consultancy

As part of the BRIC countries Russia is important in driving the growth aspirations of many of the world’s largest FMCG companies. This means that tea maybe sourced from Russia for EU countries but olives are imported from EU into Russia, for example.

The Growing Fragmentation of Global Trade: Guest Post by Tim Barnes

NC State SCRC

Raw materials are sourced from one country, products are manufactured in another country, and the final goods are transported to customers all over the world. BRIC Supply Chain Change Management Emerging Issues in Supply Chain Global Supply Chain Supply Chain EconomicsGlobalization and supply chains have been tied at the hip over the course of history.

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

NC State SCRC

He has put together some great advice here about how the TPP is going to dramatically impact the supply chain landscape in the near future… Supply chain decision makers play a continuous game of identifying what and where to source raw materials, the most cost effective location for assembly, and the most efficient structure of their transportation network, to achieve the ultimate goal of low COGS, good quality and delivery to their customer base in an efficient timeframe.

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

Supply Chain View from the Field

Like me, he also believes that US and Canadian companies will be taking a much closer look at Mexico as a source of “closer to home shoring” Not only do Mexican business people speak English (for the most part), but they have a strong business work ethic, respect legal intellectual property laws, and are willing to do what it takes to be competitive.

Bangladesh Working Conditions: A Human Rights Issue? Or a Supplier Capacity Issue?

Supply Chain View from the Field

The problem stems from the fact that Walmart (as well as other retailers like Target, JC Penney, Nordstrom’s and others) source products from tier one suppliers – and audit these suppliers, require them to comply to a code of conduct, and seek to drive enforcement to the tenets of a code of conduct as identified by the ILO. This is not only an industry standard, but is now considered an essential element of low cost country sourcing, thanks to the pressure on retailers.

Collaboration: The New Battle Cry of Supply Chain

Supply Chain Network

Take for example the BRIC nations and the impact this region has across the global economy. In fact, all of the BRIC countries are now in the top 10 economies, with Brazil at 9, Russia at 6, India at 4 and China 2nd.

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Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn!

Supply Chain Game Changer

More recently at ATX Networks, I am proud of sourcing and developing new suppliers that have helped us grow into new markets, help capture tactical or long term opportunities, and reduce cost and risk for the company. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Near-Shoring Trend a Cause for Celebration and Concern for Logistics Service Providers (LSPs) & Air Carriers

BluJay Solutions

Or is near-shoring in 2014 and beyond simply the latest evolution in sourcing practices? . Positive growth in air freight volumes reported recently by IATA (4.5% increase year on year as at January 2014 ) were tempered by a note of caution around the increasing trend towards near-shoring.

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6 Supply Chain Trends That Could Truly Shake You Up (2018 Update)

Logistics Bureau

BRICs Are Moving to Buying, Not Just Making. Now differentials in workers’ pay are disappearing as countries like Brazil, Russia, India, and China (the BRIC countries) grow richer and develop into consumer giants. Companies will need to improve performance in terms of customer satisfaction and profitability in new ways, as cost reduction through cheaper production (whether in BRIC countries or others) becomes a less practicable option.

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Rapid Change is Driving the Automotive Industry – Part I

Supply Chain Nation

They don’t see it as an enabler of global manufacturing and sourcing, or as a way of increasing customer loyalty through great service. I think selecting the right markets is a big issue for automotive logistics – where should your manufacturing be based, where should your sourcing be done? In fact, we joke that BRIC should actually mean Better Rail Infrastructure and Customs. The BRIC countries and the other markets are slightly less mature markets.

What’s New in 2015 for the supply chain world? See 2014?s predictions.

Supply Chain View from the Field

While it seemed like many companies would be moving more towards the BRIC countries, global events have proven this uptake to be relatively slow. I sure called this one right…Globalization linked with increasing labor costs in countries such as China, as well as fuel costs and regulatory shifts, are driving a dramatic impact on where companies source, where they produce, and the complexity of processes required to sell to the customer.

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The Drive To 100% Bio-based Plastic Bottles

NC State SCRC

What is now exciting is the on-going innovation projects by Coke and other companies to take the 70% of the bottle that is non-renewably sourced, and move it towards a 100% biobased resin technology. Growing beverage consumption in emerging markets of BRICS is expected to drive bio based PET market growth.

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Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn, SVP at ATX Networks!

Supply Chain Game Changer

More recently at ATX Networks, I am proud of sourcing and developing new suppliers that have helped us grow into new markets, help capture tactical or long term opportunities, and reduce cost and risk for the company. Subscribe Here! Email Address.

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Freight In The Year Of The Monkey

Freightos

Image Source: Brics-Info.org. Source: Trading Economics. Freight In The Year Of The Monkey. The world’s second-largest national economy has settled into the Year of the Fire Monkey, an ambitious but devious primate.

Three Reasons Why I Love Hadoop, and You Should Too!

Supply Chain Shaman

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. The growth expectations of the BRIC countries is worrisome. I love the innovation and the fact that it is open source.