The Freight Costs of Trump’s China Tariffs

Freightos

This past year has been a taxing one for companies that import from China to the United States. Here’s a quick overview of the China tariffs that have gone into effect since first announced just over a year ago: CHINA TRADE TARIFF LISTS: IMPORT VALUE AND IMPLEMENTATION.

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Supply Chain Opportunities in China

Supply Chain Movement

Distribution in China takes a detour. 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. That means that we can’t supply mainland China directly from our factory.

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What is Inventory Carrying Cost?

EMERGE App

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. What is Inventory Carrying Cost?

Distribution in China takes a detour

Supply Chain Movement

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. That means that we can’t supply mainland China directly from our factory.

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‘Supply Chain Opportunities in China’ – 24 juni 2015

Supply Chain Movement

‘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. 13:00 Domestic warehousing and distribution centres in China. China as a Regional Distribution Hub. Ralf Bekink, National Business Development Manager – DSV China. Customer deliveries in China.

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Excess Inventory? No problem. You have trailers in the yard.­­

PINC YMS

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs , companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works.

Double Inventory Turnover In 9 months!

Supply Chain Game Changer

Check out World Class Inventory Turnover Breakthrough Elements! “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, In that meeting I set the target … we needed to reach double digit Inventory turns within the next year.

Speed Bumps on the Road to Growth for China’s 3PLs

Supply Chain @ MIT

Good transportation links a logistics strength in China. China’s logistics industry is gaining in importance and developing rapidly to support the nation’s manufacturing sector. An important observation is that most local 3PL companies in China have adopted different expansion plans.

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Five Tips on Sourcing Products From China

EMERGE App

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.

Just-in-time in the Real World of Inventory Management

Unleashed

Just-in-time inventory (JIT) is the antithesis of just-in-case inventory and can be a valuable method of reducing waste and streamlining the supply chain. The benefits of JIT inventory are numerous, although they can only be realised with hard work to set up an intricate system involving many synchronised components. This tech giant has made giant-sized steps in the direction of lean manufacturing and JIT inventory.

What is Inventory Management?

EMERGE App

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this.

Finn-Tack implements inventory and demand management solution

Supply Chain Movement

Finn-Tack, with an international customer base with growing global demand, has two production plants in China, and the Ukraine, manufacturing riding equipment and clothing. Cases Barloworld SCS consolidation demand planning Finn-Tack inventory Optimiza software

Five Things You Can Do This Week to Reduce Inventory: Part V

Demand Solutions

In my previous articles on reducing inventory, I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , reducing your high-side forecast bias , and reducing stocking locations. You’ll end up with a lower average inventory level.

Five Things You Can Do This Week to Reduce Inventory: Part V

Demand Solutions

In my previous articles on reducing inventory, I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , reducing your high-side forecast bias , and reducing stocking locations. You’ll end up with a lower average inventory level.

Are US-Chinese tariffs part of the new normal?

NC State SCRC

This is an issue that should cause every supply chain executive to take notice, and start thinking about the strategic imperatives that lie ahead… US and China are currently on a “trade-war” which started when U.S. companies to help them move production from China to India.

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This Week in Logistics News (April 2-6, 2018)

Talking Logistics

As I look for my gloves and earmuffs, here’s the supply chain and logistics news that caught my attention this week: Trade dispute escalates as Trump threatens $100 billion more in China tariffs (Reuters). and China reach some sort of trade agreement. It’s 32 degrees this morning.

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Fast Fashion's Inventory Woes: 3 Ways Retailers Can Stay in Business

Elementum

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Robinson Launches Rail Service, Connecting China and Europe. Robinson launching a trans-Eurasian rail freight service between China and Europe. Robinson China De Beers drones flying cars JDA Luminate JDA Software Kuebix NASA Nulogy rail Uber UPS Walmart

Fast Fashion's Inventory Woes: 3 Ways Retailers Can Stay in Business

Elementum

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory. CEO Karl-Johan Persson stated that moving forward, the company will need to “ensure a faster, more flexible and more efficient supply chain” to address misalignment of inventory and demand.

Craft Beer Inventory Management

EMERGE App

Craft brewers, however, face the same inventory issues as any other business with simple manufacturing and physical products that need to be shipped around. China is one such a growing market. Inventory Management Issues for Craft Breweries. Manage your beer inventory.

Transportation TIP List: Week of May 12th, 2019

Transplace

Hikes Tariffs Amid Trade Talks; China Vows to Retaliate : On May 10th, the U.S. hiked tariffs on more than $200 billion in goods from China, the most dramatic step yet of President Trump’s push to extract trade concessions. Transportation TIP List: Week of May 12 th , 2019.

GM Supplier Factory Explosion: Thoughts on Supply Chain Visibility and Responsibility

Talking Logistics

This past Saturday, an explosion at the Kunshan Zhongrong Metal Products factory in China killed at least 75 workers and injured at least 185 others. The scope of end-to-end supply chain visibility must go beyond the status of orders, shipments, and inventory — it must also include having timely, accurate, and complete visibility to labor, safety, environmental, and legal practices across the entire supply chain.

Mexico Back in the Supply Chain Spotlight

Talking Logistics

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. economic recession made companies decrease inventories, which increased their need for speed to market and shorter cash-to-cash cycles. Unfortunately, China and most of Asia has a very long lead time, which makes forecasting even more difficult. It seems like we’ve come full circle with Mexico.

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America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

China, producer of half the world’s steel supply, was levied with an additional tariff on over $60 billion worth of imports. Called “the first of many” trade actions against China, the taxes will target technology used in aerospace, computing, and communications, among other industries. In response to the steel tariffs, China has already imposed import duties of up to 25 percent on $3 billion worth of US food products. policy china trade international trade US

What the Rest of the World Can Learn from Shopping Days in China

EMERGE App

If you don’t have a business presence in China, we don’t blame you for being envious when you see the mind-boggling sales achieved during the Chinese shopping holidays. To better understand this shopping phenomenon, we’ll cover popular shopping days in China.

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Supply Chain Strategies to Minimize the Impact of Tariffs

CHAINalytics

and China. Blog Feature Integrated Demand & Supply Planning Supply Chain Design Supply Chain Operations Cost-to-Serve free trade zone ftz global supply chain inventory Network Design sourcingThe Mandarin word for “crisis” is Weiji or ?? and it has two interesting characters, with the first meaning “danger” while the second represents “opportunity.”

SupplyOn China receives Schaeffler’s Best Project Team Award

SupplyOn

Surprise celebration: Schaeffler China honors the 3PL project team SupplyOn China recently received the Best Project Team Award from Schaeffler for its 3PL project. The 3PL project represents a considerable improvement for Schaeffler: The inventory and delivery orders were previously paper-based, which led to inefficiencies and susceptibility to errors. The post SupplyOn China receives Schaeffler’s Best Project Team Award appeared first on SupplyOn

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S&OP in Las Vegas! Let’s Learn, Laugh, and Be Entertained at the S&OP Innovation Summit

Kinaxis

The contract manufacturer, Celestica, already manages manufacturing and inventory. The benefit is directly in the inventory, as seen in Kathleen’s slide. Apple Store Apple TV Barack Obama Brick and mortar California Callus Campaign advertising China Keynote San Francisco Supply chain

Getting Down to Brass Tacks: Can We Really Collaborate?

Supply Chain Shaman

As the bricks and mortar retailer is attacked by eCommerce pure plays—Amazon in North America, Alibaba in China, and Flipcart in India—assortment and excitement in the store become paramount to lure customers. Current State of Perpetual Inventory.

Qualcomm: What’s Wrong With Traditional S&OP? – SupplyChainBrain & Kinaxis Video Series

Kinaxis

And Qualcomm, for its part, will benefit from improved inventory optimization. by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers , analysts, and Kinaxis executives.

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America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

China, producer of half the world’s steel supply, was levied with an additional tariff on over $60 billion worth of imports. Called “the first of many” trade actions against China, the taxes will target technology used in aerospace, computing, and communications, among other industries. In response to the steel tariffs, China has already imposed import duties of up to 25 percent on $3 billion worth of US food products. policy china trade international trade US

Interview for Bank of America Article

Supply Chain Cowboy

Interviews Small Business Resources China Gamification Inventory Small Business Resource A couple weeks ago, I did an interview with Robert Lerose, who writes for the Bank of America blog. His article was posted this week, and it has some great advice for small business supply chains. Check it out here: Optimizing The Pipeline: Managing your supply chain more efficiently.

How vehicle customization will drive the supply chain of the future

Kinaxis

China, obviously, is a formidable force and is overtaking the US now. And then there was a McKinsey article, which commented recently, that in the next four years, India would be the third biggest manufacturer , just lagging after China and the US. Planning and managing inventories.

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Are Sunny Skies Ahead For Your Business? Here’s How to Forecast for Peak Season

Unleashed

A distributor of winter sports equipment, for example, would make most of its sales in the lead up to and during winter, but if it can’t meet this demand through inefficient inventory management it simply won’t make enough money to easily cover year-round fixed costs. Outlined below are four key factors during peak periods that any inventory manufacturing organisation should focus on to be prepared for any peak season.

Distribution and Dedicated Transportation Outlooks: 2019

NFI

Guest Blog: William Mahoney, Senior Vice President, Sales at NFI Distribution Outlook Inventory levels in 2019 will continue to grow creating the demand for more third-party warehousing space in the coming year. Inventory.