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As a supply chain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos.
tariffs on imports from Canada, Mexico, and China is impacting global trade networks, affecting industries ranging from automotive and electronics to agriculture and energy. auto parts are sourced from Mexico, making the tariff impact immediate and severe. China has tightened export controls on U.S. Approximately 40% of U.S.
2025,the United States and China announced an agreement to reduce tariffs on each others goods for a limited period of 90 days. China will reduce its tariffs on U.S. China will suspend various non-tariff measures introduced in April 2025, including export restrictions on rare earth elements, regulatory investigations of selected U.S.
a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. The manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions, and technology developments.
Factors like automation, massive investments in at-scale, fit-for-purpose technologies, specialized training, low labor rates, and effective demand and supply planning capabilities, have woven themselves like threads into the fabric of efficient global manufacturing ecosystems. Displays are provided by suppliers in South Korea and China.
The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer. US Official Says China is Oversupplying Lithium to Eliminate Rivals A senior U.S.
Automotive: Can JIT manufacturing survive legal disruptions to tariff policy? Automakers must model dual-path sourcing strategies and reintroduce buffer inventory—not just for parts, but for regulatory flexibility. Many Western pharmaceutical companies rely on India and China for APIs.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Manufacturing? Manufacturing? I’ve been getting asked that question a lot these days. Read more Will COVID-19 Lead to More U.S.
Article - May 19, 2025 A Bitter Pill: Americas Dangerous Dependence on China-Made Pharmaceuticals How Global Supply Chains, Strategic Rivals, and Quality Breakdowns Threaten U.S. Over 504 generic drugs, including 10 essential medicines, have only a single identified API manufacturing country, heightening the risk of supply shocks.
China Announces Export Controls on Five Critical Minerals Proactive intelligence Alert February 12, 2025 On February 4, 2025, China announced it would restrict exports of five critical minerals: tungsten, tellurium, bismuth, indium, and molybdenum. China is the top producer of all five recently restricted metals.
Healthcare Exigers latest analysis using ourexpansive supply chain visibility AI, A Bitter Pill: America's Dangerous Dependence on China-Made Pharmaceuticals , exposes the vulnerabilities within America's healthcare supply chain, highlighting insights that are critical for national health security. pharmaceutical supply chain vulnerabilities.
Jorge Gonzalez Henrichsen and Joe Lynch discuss why China is moving to Mexico. Jorge is Co-CEO of The Nearshore Company , where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico. Jorge holds a B.A.
Smart Manufacturing has been making a lot of noise in the manufacturing industry, mostly due to how automation can greatly improve manufacturing operations through enhanced productivity. Also known as the “ New Industrial Revolution ”, this may indeed drastically shift the entire world of manufacturing. So, what is it?
Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Manufacturers build “control towers” but there no network dial tone between parties to enable prescriptive analytics and alerting.). Logistics costs in China are 16.6%
Manufacturing Sectors Client Alert Foreign adversaries are increasingly threatening vital domestic industries through current and potential future restrictions on critical mineral exports. Another concerning development is Russia joining China in considering similar export controls for other key raw materials. of these materials.
China trade disputes, and natural disasters. Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. China trade dispute further amplified these issues by introducing tariffs and export restrictions, leading to supply chain bottlenecks.
Growing tensions between China and trading partners. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. (Yes, Unrest in Sudan.
Source: J.P. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. I also looked at changes in exports by the US, Europe, and China. ManufacturingPurchasing Managers Indexes The J.P. I don’t see that as a positive.
At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As disruptions become the norm, Supply Chain Planning and Source-to-Pay (S2P) cycles need to be increasingly dynamic and intertwined.
US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. . Part A: Manufacturing in the U.S.
Table of Contents The Peoples Republic of China (PRC) recently banned exports to the United States of three critical minerals antimony, gallium, and germanium along with other high-tech materials that are used in industries that are vital to U.S. WATCH NOW: On Alert: China Ban Crimps U.S.
As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.
You might think that the recent spate of supply chain disruptions would have caused a stampede of manufacturers out of China, or at least prompted them to diversify sourcing. But that hasn’t been the case.
This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs. Continued scarcity and overbuying have led to a perennial shortage. What Caused Can Supply-Demand Mismatch.
Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. For example, in the year 2019 the trade war between the US and China was dragged on for more than a year resulting in 25% tariffs placed on US$200 billion of Chinese goods.
The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. Now companies from the Far East and China are having similar access to the U.S. Now it is all global.
Steve is he Managing Director of Haxlar , an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supply chain, and product management services for a wide range of industries. He is an expert in the growth and turnaround of small and medium manufacturing, logistics, and technology businesses.
This blog highlights key strategies from these recent forums on sustainable procurement and practical tips to achieve impactful results. The 2022 Inflation Reduction Act (IRA) is a package of measures, including tax incentives for clean energy and manufacturing. C above pre-industrial levels.” .: How can technology help?
Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? As a result, a new focus on network resilience and the idea of more regional manufacturing emerged.”. This strategy is not without its risks though.
The company listed potential disruptions from geopolitical flashpoints, including the Russia-Ukraine conflict, tensions in the South China Sea, and instability in the Middle East, as the second most likely risk supply chains will face. Everstream Analytics agrees that geopolitical risks are high. Cyber Attacks. ” Reputational risk.
Home China volumes fall as demand climbs from S. Air rates – Freightos Air index China – N. China – N. In the meantime, reports on the drop in China-US ocean freight demand range from around 30% to more than 50% in the last few weeks. Asia-US East Coast prices (FBX03 Weekly) fell 2% to $3,395/FEU.
Reported April 24 Over 60% of our business is from products that are manufactured, bagged, assembled or grown in the United States and only 12% of our business is direct imports. Recall, we purchased targeted additional inventory in late fiscal '25 and early fiscal '26, ahead of tariffs. comes from China. Christopher J.
Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. A factory in Suzhou was the company’s main manufacturing site for its semiconductor test equipment, which it subcontracted to Flextronics.
The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Indirectly, the rest of the world benefits too.
In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.
At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function.
Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.
I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. The populist narrative of sourcing globalization is only part of the story. Too few are questioning the products that should have never been manufactured. Let me explain.
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?
To strengthen resiliency, companies invested in AI and machine learning, made strides to reduce dependency on single sourcing, and prioritized nearshoring and reshoring efforts. Rising US-China tensions, fueled by trade uncertainties and the strategic importance of Taiwan, further destabilized global trade. The change in U.S.
It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. One of the ripple effects of the pandemic was that domestic sourcing, where possible, grew as companies could no longer import products for their production line. Australian reshoring strategies for advanced manufacturing .
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