The Logistics & Supply Chain Management Society

AUGUST 19, 2022

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. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether. Conclusion.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Matters

APRIL 5, 2024

New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. reportedly exceeding economists’ forecasts. For the full three months of Q1-2024, this index has averaged 49.7, in March from 49.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Supply Chain View from the Field

MARCH 13, 2015

I have been working with Jay Golden at Duke University on the biobased forecasting project for the USDA, seeking to understand the current scope of the biobased product market ( focused on non-fuel, non-food products). We have another 100M metric tons from animal sources.

Sourcing Strategies 60

Sourcing Strategies Food Haiti Forecasting 60

Supply Chain Matters

NOVEMBER 6, 2023

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. percent in 2022 to a forecasted 3 percent this year, an anticipated 2.9 These nations reportedly account for 98 percent of ASEAN manufacturing value added. percent in 2024.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Given the uncertain demand during the pandemic, effective collaboration and joint forecasting with customers and suppliers become critical for success. Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Leverage Advanced Forecasting Technologies : Incorporating artificial intelligence (AI) and other cutting-edge technologies into forecasting processes empowers companies with unparalleled insights into demand patterns and potential disruptions, enabling more informed decision-making.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130