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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. China’s expansion was noted as marginal by the end of Q1.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. But because we were proactive, we were able to build inventories ahead of time so that we had enough material in the pipeline before the crisis really hit peak.”. “They see the value proposition,” Kunnummal said.

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Moving Auto Components in India: More Complex than You’d Expect

CH Robinson Transportfolio

The new “Make in India” initiative is a major factor in the growing trend to move automotive manufacturing to India. On their way to becoming a preferred destination to source auto components by major OEMs and tier-1 manufacturers, India’s workforce has the knowledge and skills to deliver quality products.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. But because we were proactive, we were able to build inventories ahead of time so that we had enough material in the pipeline before the crisis really hit peak.”. “They see the value proposition,” Kunnummal said.

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Global Production and Supply Chain Activity Levels Unchanged in April 2023

Supply Chain Matters

Of continued interest was that India and Thailand indexes (included in our highlights below) as leading in PMI growth during April. Output, new orders, employment and inventory stocks reportedly all contracted. India Manufacturing activity levels across India remained at high expansion levels in April. in March.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.