Remove Currency Remove Freight Remove Manufacturing Remove Warehousing
article thumbnail

Considerations for Expanding Your Supply Chain to New Countries!

Supply Chain Game Changer

Manufacturing and production labor in developing nations are significantly less expensive than in most developed nations, but these often lack safety and environmental precautions. Air freight shipping is significantly more expensive than oceanic freight, but it takes far less time. Foreign Fees.

article thumbnail

How international shipping can be improved in today’s global automotive supply chain

The Network Effect

Given the global nature of automotive manufacturing in today’s networked supply environments, international shipping will be a consideration as part of the trading relationship between Subsystem and Tier 1 Suppliers and their Tier 2 Suppliers. DDP (delivered duty paid), where the named place is the manufacturers receiving location.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blockchain and TMS: A Future Match Made In Heaven?

GlobalTranz

Those accepting digital currencies, like Bitcoin, are already involved with blockchain, and TMS solutions that generate an ongoing ledger between parties, even 3PLs, may already have developed blockchain-based technologies that are within months, if not weeks, of launch dates.

article thumbnail

8-Step Importing Guide For First Timers

EMERGE App

Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. Make sure that you deal directly with manufacturers and not trading companies. Manufacturers can and will change their products’ specs with little or short notice. Inspection Services.

article thumbnail

8-Step Importing Guide For First Timers

EMERGE App

Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. Make sure that you deal directly with manufacturers and not trading companies. Manufacturers can and will change their products’ specs with little or short notice. Inspection Services.

article thumbnail

2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

It’s time to re-think how our products are manufactured and distributed. Lesson #2: Finding solutions in warehouses and distribution centers. “We And having multiple smaller warehouses in strategic locations can enable you to do this – especially in the beverage industry.

article thumbnail

[INFOGRAPHIC] The End of Made In China Manufacturing

GlobalTranz

The phrase “Made in China” embodies cheap labor, the outsourcing of American manufacturing jobs, and China’s transformation into one of the world’s economic superpowers. However, it seems the end of the Made in China manufacturing era may be in sight. has shrunk to less than 5 percent (5%).

China 120