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Which Industries Have Been Impacted by UFLPA?

Resilinc

From Q3 2022 to Q2 2023, CBP stopped 3,588 shipments for further evaluation valued at $1,078 million mainly from Malaysia, Vietnam, China, and Thailand. As for the other countries, 38% of electronics came from Vietnam and nearly 1% came from Thailand. And, the future looks bright for US solar manufacturers. Automotive U.S.

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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

Major businesses have had to completely re-consider previous supply chain strategies that were largely centred around lean manufacturing, just-in-time delivery and reducing operating costs. Manufacturing Network Diversification. The recent business and economic disruption has shed a light on the fragility of many global supply chains.

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Webinar Recap: The Case for a Pan-American Manufacturing Ecosystem

Resilinc

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. based manufacturers will still need a strong supply base from friendly countries.

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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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Is Mexico the World's Next Manufacturing Hub?

Elementum

Mexico may become the global manufacturing nerve center if the country plays its cards right. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam. Looking Deeper. Mexico has its share of challenges, of course.

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Five-Year Study Showcases the Benefits of US Foreign-Trade Zones

QAD

However, the effectiveness of FTZs just got a lot clearer as the US released a five-year study on the operations and impact of the US FTZ program and similar FTZ-type programs in Canada and Mexico. If a US company wants to manufacture onshore, they’ll likely still import many parts overseas. Take vacuums, for instance. ad valorem.

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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Governments including Canada , Germany , and the United Kingdom have enacted special legislation in these areas. Reportedly, the vast majority of detained goods were produced in either Malaysia, Vietnam or Thailand. The authors observe they are not a substitute for supply chain due diligence actions.