Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns.

How to Optimize Port Throughput in Global Supply Chains

The Network Effect

Ports play a critical role in international trade, yet they remain major sources of friction in global supply chains. The post How to Optimize Port Throughput in Global Supply Chains appeared first on The Network Effect. Global Trade Logistics Supply Chain Management global supply chains global trade ports shippingIt’s.

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How Global Pandemics Impact Shipping

Intelligent Audit

The repercussions for global trade, and shipping in particular, have also been significant. Shipping Impact from COVID-19. Shipping by sea to either the U.S. As worries about the virus continue to grow, and as it spreads beyond Asia, it’s likely the global trade will be impacted even further. We’ve seen a slew of viral pandemics over the last century, some more devastating than others, but all had global economic impacts. Sourcing.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight. .

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. Subscribe Here!

Improving Global Freight Process Management

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Tracking global commerce activity across the entire transportation lifecycle – beginning with planning, including execution, and through settlement—is key for businesses to thrive on a global level.

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From Exports to Delivery: Simplifying PPE Shipping

CH Robinson Transportfolio

Over the past several months, China has been the main source for PPE. For a closer look at how China’s regulations impact PPE shipping, check out our recent PPE exporting video featuring our director of product development, Vincent Wong. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment. As you might imagine, this has drastically changed normal market conditions for air shipping.

How is technology transforming global sourcing ?

Claritum

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Your business could struggle to achieve visibility of its global supply chain. Do you have visibility of a global supply chain? Global Sourcing Technology.

Touchless Fulfillment and Shipping!

Supply Chain Game Changer

Touchless fulfillment and shipping article, and permission to publish here, provided by Jenis Sheth. But here we are, 8 months after the discovery of the COVID-19 virus in Wuhan, a global pandemic. Touchless Fulfillment and Shipping (New Normal). Subscribe Here! Email Address.

Global shipping trends: What to expect in 2020

CH Robinson Transportfolio

Now that the fireworks are over and New Year’s resolutions are set, it’s time to prepare for global shipping in 2020. Recapping 2019’s top global shipping disruptors. Before we jump into expectations for this year, let’s set the stage by looking at some of the top events in 2019 that may have affected global shipping strategies around the world. . was a drastic change that will likely continue to affect shipping costs and capacity availability.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. The practice, known as drop shipping, lets retailers offer more products for sale on their websites—such as multiple colors of the same sweater—without having to keep those items in stock.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. The disruption to global supply chains caused by Beijing’s decision to close factories and lock down cities to contain COVID-19 has jolted Western companies into rejigging their supply chains, with economists predicting that globalisation as we know it will never be the same again. But global dependence on Chinese manufacturing is mind-boggling…. One-China policy hampers global trade. Covid 19 Global Sourcing

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” And considering that our international tariff laws have been more dynamic in the past three years, shipping U.S. Shipping Overseas. Getting a Global Perspective.

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. Published October 25, 2019 in Global Trade Magazine. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” economy, but also the global one.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! It offers a finely tuned supply chain, with experienced suppliers, that will design, prototype, build and ship products at a fraction of the time it takes elsewhere. You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction.

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Shipping Providers Will Focus on ELD Implementation.

Global TMS: An Always-Evolving Roadmap

Talking Logistics

This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements. A Global TMS must have the functionality to help shippers improve productivity and reduce the bottom line.

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Working together to deliver medical supplies during a global pandemic

CH Robinson Transportfolio

During this unprecedented global supply chain disruption, we’ve worked with our customers and carriers to move thousands of shipments of essential supplies, leveraging our entire global suite of services, including air, ocean, customs brokerage, and surface transportation to meet the growing needs and demanding deadlines. As Henry Schein played the key role of sourcing millions of PPE items like medical-grade masks, gloves, gowns, and sanitizer from around the world, C.H.

What Role Does Global Trade Data Play in Today’s Supply Chains?

Talking Logistics

Global Trade Data (aka “trade content”) is one of the “3Cs” of Global Trade Management , but its value extends well beyond facilitating import and export processes. Defining Global Trade Data, determining which supply chain processes benefit from it, and figuring out how supply chain applications integrate with and use the data aren’t always straightforward. That includes trade agreements and sourcing (i.e.,

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Predictions for 2019: What Will the Year Have in Store for Global Shipping?

CH Robinson Transportfolio

Change in fuel sources may cause delays and higher costs. The road to compliance will likely affect schedules as vessels dry dock to change fuel sources. Ultimately, we expect the extra costs will likely fall on consumers for goods shipped around the world. Australia’s recent legislation changes are a few great examples of what the industry may face globally. The post Predictions for 2019: What Will the Year Have in Store for Global Shipping?

Chinese Factories Recovering but Global Supply Chains Still in Shock

Logistics Bureau

It had been hoped that global trade would quickly bounce back once China’s production lines began rolling again, but that was when economists naively believed the Coronavirus disease, known as COVID-19, could largely be contained within the boundaries of the Asian giant. Analysts have now been forced to acknowledge that COVID-19, which has whipped through 170 countries and has been declared a pandemic, threatens supply chain disruptions far beyond sourcing and production in China.

Global Vendor Management: What It Is & Why It’s Essential for Your Shipping Strategy

CH Robinson Transportfolio

Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up. That’s why you need a global shipping strategy with a comprehensive global vendor management program. What is Global Vendor Management? Global vendor management programs are based on a foundation of purchase order (P.O.) management of global vendors.

A Truth About Global Transportation: It Happens Locally

Talking Logistics

As shippers of all sizes expand their global sourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with global transportation management. What are the main challenges global shippers face today? “It Ten years ago they might have had $1 billion in global revenues and today they’re at $10 billion after multiple acquisitions in different regions, [which creates its own set of challenges].

How to Expand Your Global Shipping to Meet Growing Indian Markets

CH Robinson Logistics

Congested ports, complicated regulations, less than optimal modal capacity, undesirable taxation regimes, dilapidated roads, and overall operational inefficiencies are constant sources of anxiety within the business community. How is Global Shipping Growing in India? The answer lies not in a herculean dream of global domination, but simply in mathematics. How to Take Advantage of Increased Shipping in India.

What the “New Normal” in Shipping, Logistics, and Transportation May Look Like

Shipchain

Seemingly everything has been shaken up by COVID-19, and the shipping, logistics, and transportation industry is no different. Now, all of those norms are long gone, and it has left the shipping, logistics, and transportation industry wondering what lies ahead once COVID-19 begins to decline. Ultimately, redundancies help businesses afloat, and given how many struggled with being single-source out of China, it is likely that redundancies will play a part in the new normal.

Global Supply Chains and the Coronavirus

Enterra Insights

The consequences of the coronavirus outbreak are being felt throughout the global economy, with stock markets tumbling and companies beginning to to worry about their supply chains. Global supply chains are being affected. ” Richard Wilding ( @SupplyChainProf ), a Professor of Supply Chain Strategy at Cranfield School of Management, notes, “This is a major disruptive event with global implications for supply chains.

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Coronavirus Exposes Global Supply Chain Fragility!

Supply Chain Game Changer

The ramifications for global supply disruption are enormous, and growing. How should Supply Chain leaders be responding to mitigate the impacts and manage through this latest global crisis? As of the beginning of March 2020 there were over 88,000 cases reported globally and over 3000 deaths. All of this is now being consider a global pandemic. This must include identifying sole, or single, sourced parts and the days of supply in your chain. Subscribe Here!

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Predictions for 2019: What Will the Year Have in Store for Global Shipping?

CH Robinson Transportfolio

Change in fuel sources may cause delays and higher costs. The road to compliance will likely affect schedules as vessels dry dock to change fuel sources. Ultimately, we expect the extra costs will likely fall on consumers for goods shipped around the world. Australia’s recent legislation changes are a few great examples of what the industry may face globally. The post Predictions for 2019: What Will the Year Have in Store for Global Shipping?

Global Supply Chain News on Coronavirus Playing Havoc on Global Shipping

Supply Chain Digest

After Tariffs, another Reason to Rethink Over Reliance on China for Sourcing

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. We believe many practices in global supply chain management can be applied in every industry.

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How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. Once China was hit by a Coronavirus epidemic and factories ordered closed, it was inevitable that global supply chains would be affected. COVID-19 Impact on Shipping. Deere is using costly expedited shipping to avoid disruptions.

Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Corona v irus could wreck the global auto industry.’. Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Coronavirus could wreck the global auto industry.” . Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods.

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Why SMEs May Lead a Shift Away from China Sourcing

Logistics Bureau

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Why SMEs May Lead a Shift Away from China Sourcing. In other words, manufacturing and sourcing is returning to the US.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Logistics Manager Magazine: Freightera Creates Local Sourcing for Global Supply Chains amid Coronavirus

Freightera

We realized that just like us, our customers needed help with sales to keep the doors open, and immediately started work on an internal community where our members could see what products and supplies were still shipping, indicating the company is still in business and has the product for sale. . Read the story about how our Local Sourcing Community was created on logisticsmanager.com.