Freight Manufacturing Mexico Procurement 
ivalua
APRIL 22, 2021
While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.
Supply Chain Matters
JANUARY 10, 2023
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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Supply Chain Matters
AUGUST 30, 2023
Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.
Talking Logistics
FEBRUARY 22, 2013
CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail. Mexico trade.
Freight Plus
OCTOBER 25, 2019
It’s indicative of a soft freight market, a drop in industrial production, and lower world oil prices. Industrial production accounts for 55%-60% of ODFL’s mix and domestic manufacturing overall is in contractionary territory. Russ Aborn: It could be that they are culling the freight that is not as profitable as they’d like.
Unleashed
DECEMBER 15, 2019
Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing. Leverage manufacturers and their network. It might make sense to leverage the economies of larger manufacturers overseas. International Sourcing. Higher production capacity.
GlobalTranz
JULY 29, 2015
A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed. Due to an increase in wages and manufacturing costs in China, many 3pl companies are “near shoring” — offering increased services in areas closer to the U.S.
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