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5 Megatrends Shaping Supply Chain Innovations

The Logistics & Supply Chain Management Society

Companies need to re-evaluate their supply chain strategies, if they are still most optimal. Companies are realising that high dependency on global sourcing from the cheapest source is a dangerous strategy in securing supply and continuity of manufacturing operations. Sea freight and airfreight costs have become very expensive.

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Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

In recent years, sustainability has become front and center for both consumers and brands in an effort to reduce the impact and effect of climate change. In a separate question, survey respondents were asked whether they prioritized buying from companies that made it clear they have ethical sourcing strategies in place before Covid.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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Evidence That Manufacturers are Seeking Added Resiliency and Control of Supply Networks

Supply Chain Matters

based companies had indicated in survey data and in concerted actions in termed China Plus sourcing strategies that either alternative, nearshoring, or reshoring efforts were being undertaken. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories.

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3 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I’d be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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Delta outbreaks spur supply chain woes

Resilinc

Most impacted are Asian exporters such as China, Vietnam, and Malaysia where rigorous policies to contain any COVID-19 outbreaks are leading to factory and port shutdowns. The aggressive and uncompromising strategy appears to have contained Delta—at the expense of economic activity.”. But disruptions continue.

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Lack of Trust Between the USA and China Could Affect the Future of the Globe

Enterra Insights

President Donald Trump, believes the United States must ‘decouple’ from China by reducing U.S. 6] Although economic and national security concerns are legitimate, a complete decoupling from China is not a good strategy to pursue. ”[9] As Yellen underscored, pursuing a “de-risk” strategy doesn’t mean the U.S.

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