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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.

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The above seems to imply, from our lens, the movement toward China Plus sourcing activity.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Some US manufacturers, however, have resorted to airlifting supplies from China at a premium price. These smart operators include: John Deere: The agricultural vehicle manufacturer says it expects to spend $40 million (USD) on expedited freight to ensure there is no disruption in supply. The Electronics Industry.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. Adapting to the present and future challenges of COVID-19.

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More Evidence of Supply Chain Cost Inflation Impacting Various Industries

Supply Chain Matters

Global consumer product goods provider Nestle in its latest report of quarterly financial performance indicated that despite being able to raise prices for a wide variety of marketed products, higher costs for commodities, freight and energy continue eroding profit margins. Higher costs reportedly have resulted in a 2.8

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

Supply Chain Matters

Supply Chain Matters highlights for readers a published report noting how various manufacturers are seeking and establishing added resiliency and control of component and production networks. That would include alternatives to China under the umbrella of China Plus sourcing. We pointed out that in 2022, more U.S. billion in September.

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The difference between supply chain and logistics explained

Unleashed

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. The life of coffee begins with growers in the likes of Brazil or Vietnam. Freight bill accuracy.