Remove Freight Remove Manufacturing Remove Russia Remove Sourcing
article thumbnail

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.

article thumbnail

Maersk’s Q1-2022 Financial Performance Portends What to Expect in Ocean Freight Rates

Supply Chain Matters

billion, primarily driven by ocean revenue increases but included a negative impact of $718 million from the Russia/Ukraine conflict and losses related to terminals related to these areas. based Pilot Freight Services for a reported 47.1 EBIT increased $7.5 billion in the latest quarter. Maersk announced the acquisition of U.S.

Freight 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The impact of regional instabilities on the Global Supply Chain and how ERP can help

SYSPRO Smarter ERP

Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in. Even companies without a direct supplier connection in Russia or Ukraine will experience debilitating disruption across industries from energy to agriculture.

article thumbnail

Food Supply Chain Issues

Elementum

Communication Breakdowns The supply chain can spread across countless parties–from growers to pickers, stockists to manufacturers, and raw food producers to brand packaging plants–and that’s before a product gets anywhere near a shelf.

article thumbnail

Supplier Relationship Management in a Time of Fragmented Supply Chains

QAD

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

article thumbnail

Can You Predict Supply Chain Disruptions in an Unpredictable World?

Logility

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. Between them, Ukraine and Russia account for approximately one-third of global wheat production. Technology leapt to the forefront as visibility into the entire supply chain became essential.

article thumbnail

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.