Remove Data Remove Inventory Remove Mexico Remove Sourcing
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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

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Nearshoring and the new normal: why the evolving supply chain requires real-time data

crisp

With timely data, companies are able to make informed decisions and react quickly to continuously changing market dynamics, ensuring they stay agile and responsive. Reshoring refers to bringing manufacturing operations on US shores, while nearshoring involves relocating operations to nearby countries like Mexico or Canada.

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

A supplier in Mexico mixes up two similar parts. Ethereum shares some common features with Bitcoin, including how it’s mined by computers and codifies unique data that can be used to track everything from transactions to an exchange of goods (more on that below). Supply chains are messy. Blockchain in Supply Chain Can Help.

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. The company has 18 plants and operating locations in the US, Canada, and Mexico as well as plants and labs in the UK, China, and Indonesia.

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A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. In 2018, they implemented a LLamasoft inventory optimization solution.

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Ten Supply Chain Predictions for 2023

NC State SCRC

He is the most accurate forecaster I know, because unlike many speculators and economists, his observations are based on actual data! He believes that inflation isn’t going to go down going into 2023 – but will persist. Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested.