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Why SMEs May Lead a Shift Away from China Sourcing

Logistics Bureau

Heading the list of alternative manufacturing hubs are Vietnam, India, Thailand, and Mexico. The majority of respondents (70 percent) said they would not shift their production or procurement activities outside of China, while 24 percent said they plan to shift their procurement, and 12 percent intend to relocate production.

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The Pullback From China: Will it Be Harder for SMEs?

Logistics Bureau

Contract manufacturers for Apple, including Foxconn, are relocating some production to India, Vietnam, Indonesia, and Thailand. That said, it’s expected that the majority of manufacturing capacity will remain in China. On the other, it’s unwise to underestimate the costs of switching procurement from one country to another.

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4 Ways to Develop a Demand-Responsive Supply Chain

Resilinc

Shifts in demand can lead to bigger issues like inventory understock, overstock, and supplier capacity risks. Implement Strategic Multi-Sourcing Multi-sourcing is a strategy where an enterprise chooses to procure a component or material from multiple, unique suppliers. So, how can companies navigate ever-shifting demand?

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6 Steps to Supply Chain Resilience

ThroughPut

Capacity and inventory buffers: Building buffer capacity is the simplest way to build supply chain resilience, whether by way of maximizing productivity or building inventory to ensure that stockouts never happen – while at the same time ensuring that overstocking and wastage are never an issue.

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The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

High capacity oxygen tankers were airlifted from UAE. Some of the others countries who helped us in this time of grave crisis included Bhutan, Ireland, Romania , Portugal, Hong Kong and Thailand. Next step was inbound transportation while tackling issues as limited and volatile freight capacity, time pressure and difficult ETAs.

India 105
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Global PMI Levels Contract in June 2023 with Warning Signs for Q3 Activity

Supply Chain Matters

Positive client interest continued to support the manufacturing industry, driving growth of output, employment, quantities of purchases and input stocks.” Thailand a Regional Standout A further regional standout, manufacturers across Thailand reportedly experienced “ solid manufacturing sector expansion ” in June.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

The latter has been reinforced by the April GSPI Index from the New York Federal Reserve , and now, the reported May GEP Global Supply Chain Volatility Index which indicated that “ for the first time since June 2020, global chain capacity is now underutilized, indicating a shift to a buyers’ market. value in April to 58.2