Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. However the continuity of supply issues caused by the pandemic has created a call to repatriate much of this manufacturing into domestic, albeit higher cost, regions. What is the appropriate sourcing strategy going forward?

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

Logistics Viewpoints

JULY 17, 2023

provides enterprise resource planning and other business applications for manufacturers. For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. Adhering to trade law can be difficult.

Supply Chain Planning Software 187

Supply Chain Planning Software Optimization Software Supply Chain Strategy Supply Chain Software 187

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China.

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Introduction. Chinese Business Directories.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Supply Chain Shaman

APRIL 18, 2023

Growing tensions between China and trading partners. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. Over four-hundred days of war in Ukraine.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Freightos

FEBRUARY 16, 2020

The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk. million freight containers each year. The (Digital) Rise of SMBs. Coronavirus Impact.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Freightos

OCTOBER 31, 2022

Take Conner, the manufacturer of FORT, a magnetic pillow fort. But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. It’s suddenly about the economy.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Logistics Viewpoints

SEPTEMBER 26, 2022

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. Economists are beginning to speak of “immaculate disinflation.” This is an 80% drop year on year drop.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

Logistics Viewpoints

OCTOBER 13, 2023

But one source mentioned the unlucky nature of the number “13” is a Norse myth about 12 gods having a dinner party in Valhalla. The levies would primarily be focused on imports from China that benefit from non-market practices. Uber Freight and others that are testing autonomous big rigs in Texas and surrounding states.

Logistics Network Optimization Software 248

Logistics Network Optimization Software Alaska Oklahoma City 248

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. At the same time the authors qualify that while China ’s share of U.S. China Tensions.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

ivalua

MARCH 16, 2021

One such organization was Navistar, a leading manufacturer of commercial trucks, busses and proprietary engines that recently participated in a series of CPO interviews conducted by Ivalua and Art of Procurement. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 Manufacturing Indices. in March to 46.0

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Shaman

DECEMBER 30, 2021

Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. So what you might say?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Consultancy UK). Intel ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Resilinc

SEPTEMBER 13, 2022

Mexico is seeing strong growth in manufacturing. market and secure redundant sources of supply. As Resilinc blog readers know, the imperative to develop multiple supply sources arose from the unprecedented disruptions and delays of the last two and a half years. Due to strong U.S.

Manufacturing Procurement 62

Manufacturing Procurement Mexico Manufacturing Real Estate 62

GlobalTranz

JANUARY 12, 2015

This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Optimal Sourcing Price Reduction 120

Supply Chain Game Changer

NOVEMBER 20, 2018

China has fast become a key player in the world’s economy. Since 2012, China has been the world’s number one trading country, and it shows no signs of moving from this spot anytime soon. China is now the leading exporter of many items and Chinese products have become absolutely ubiquitous. Why Import your Products from China?

China 46

China Video Manufacturing Procurement Purchasing Skills 46

Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. Sanctions, blocked Ukrainian ports, and stalled transportation routes have also disrupted the China-to-Europe supply chain. By 1979, China was one of the globe’s fastest-growing economies.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Supply Chain Movement

MAY 13, 2015

‘Supply Chain Opportunities in China’. Introduction – Guillaume Burette, General Manager Logistics – DSV China. China: from sourcing location to an end market. 12:00 China as a Global Distribution Centre – Manufacturing and bonded warehousing. Rietdijk, SVP Global Sourcing – Vestas. 18:00 End.

China 60

China Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 60

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Step #5 Safe Manufacturing. Recovery Team. The answer?

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. Leaving China. From and To.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

Material Handling & Logistics

OCTOBER 24, 2018

and China is impacting their businesses. He’s also threatened to expand the levy to all products imported from China -- an amount that totaled $531 billion in the 12 months through August, according to the latest data from the U.S. In many cases, we already have alternative sources that are identified. Department of Commerce.

China 67

China Supply Chain Planning Software Company Manufacturing Procurement 67

Enterra Insights

MAY 20, 2022

China has been called the world’s factory floor and for good reason. When China’s factories shut down, the effects are felt globally. ”[1] Chinese lockdowns are particularly being felt in one of China’s largest cities and busiest ports — Shanghai. Close to 30% of that backlog alone is in China.”[3]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 130

Turvo

JUNE 8, 2020

A consultant, a tech wizard, a VP at a large Transportation company, and an ex-freight broker turned, a strategic sourcing specialist, turned HR consultant, mother of 3, trying to navigate her next career phase. Interestingly, we all had significant experience in the freight, logistics, sourcing, and supply chain world.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software China Supply Chain Planning 55

Precoro

MARCH 22, 2023

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. While the worst of the pandemic appears to be behind us, COVID-19's impact on manufacturing supply chains continues to reverberate the landscape. Diversify your suppliers.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. As you know, demand for some items surged.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Logistics Viewpoints

FEBRUARY 25, 2022

Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. 336,500 TEUs were transported from China to the EU by rail in the first six months of 2021, that is 44% more than 2020 and 99% more than in 2019. electricity generation in 2020.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207

ivalua

MARCH 31, 2020

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. Without an intact supply chain, a manufacturing business will starve for key inputs into its production process. But recovery may be fragile.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Logility

OCTOBER 14, 2021

In December 2020, the US Customs and Border Protection issued a detention order on cotton products sourced from some parts of China. import authority in the space of three months against goods made by forced labor from China’s Xinjiang Uyghur Autonomous Region (XUAR). It marked the sixth such enforcement order from the U.S.

Sustainability 130

Sustainability Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 130

Supply Chain Movement

JUNE 30, 2015

China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. China expert Fred Sengers was the moderator. In 2007, the Dutch producer of pushchairs relocated its factory from Taiwan to the free trade zone close to Xiamen in China.

China 60

China Distribution Inventory Reduction DC 60

QAD

MAY 20, 2021

In 2020, air freight costs from China to the US increased 81%. However, we know that for manufacturers, it’s more than just headlines that matter for your business. On May 19, we were joined by global manufacturers for QAD Tomorrow, focusing on the timely topics of improving supply chains and supplier relationships.

Supply Chain Disruption 94

Supply Chain Disruption Agile and Lean Supply Chain Supply Chain Design Optimal Sourcing 94

Logistics Viewpoints

FEBRUARY 26, 2024

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Many of their suppliers were using the same sub-tier manufacturers.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Supply Chain Collaborator

NOVEMBER 17, 2016

While the details of this ambitious project have yet to be revealed, if it is indeed accomplished it will surely result in radical changes to how and where freight will enter and exit the United States. based manufacturers are fully integrated across the U.S.-Mexico Lieber notes, “Supply chains for a number of U.S.-based

China 60

China Scenario Planning Food Sourcing Strategies 60