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This Week in Logistics News (January 22 – 28)

Logistics Viewpoints

FedEx Express initiates EV trials in India. FedEx Express announced that it will initiate electric vehicle trials in India as part of its larger plan to achieve carbon neutral operations by 2040. In 2020 alone, Mexico accounted for 77 percent of US fresh vegetable import volume. In true David Ortiz fashion, he went out on top.

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The India supply chain revolution

Supply Chain Movement

India is on the cusp of a supply chain transformation that may end up being nothing short of a major game changer. At IMD, we often discuss the distribution footprint of L’Oréal which had an outsized 15% of distribution centers located in India. Unilever, for example, has 38 factories in India out of more than 300 factories worldwide.

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Shorter Supply Chains are Upending Globalization Patterns

Enterra Insights

Vietnam and India are two countries that have benefited from such decisions. She explains, “Since there’s not much supply chain managers can do about these circumstances, there is another way to address the uncertainty besides more inventory: Shorten our supply chains.” According to supply chain journalist Robert J.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

This provides benefits like shorter transportation times and improved inventory efficiency. For example, Mattel moved production of Barbie toys from Asia to Mexico. Key countries that businesses are moving to include India, Thailand, and Vietnam.

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Global PMI Levels Contract in June 2023 with Warning Signs for Q3 Activity

Supply Chain Matters

Source: S&P Global Intelligence, July 2023 Highlights of Regional Reporting- Good and Not So Good Continued Production Expansion Across India Increased product demand and manufacturing activity levels across India during June outpaced all other regions. The S&P Global India Manufacturing PMI® fell from a value of 58.7

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

Supply Chain Matters

Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Mexico is near the U.S.

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China de-risking sourcing actions. For those businesses located in the U.S.,