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After over three years of negotiations, India and the United Kingdom have formally agreed to a Free Trade Agreement (FTA), marking a major milestone in their bilateral relations. Amid rising protectionism and geopolitical tensions, the UK-India Free Trade Agreement (FTA) emerges as a strategic accord.
The United Kingdom and India have formally reached a Free Trade Agreement, which is the largest trade agreement for the UK since Brexit. From Indias perspective, the trade deal complements its ambition to become a preferred manufacturing destination, encouraging businesses to diversify their investments. In the U.S.,
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. The manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions, and technology developments.
manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. In contrast, Apple demonstrated foresight by relocating portions of its iPhone production to Vietnam and India. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos.
Use Cases Unilever Digital Twin Integration at the Sonepat Factory Unilevers Sonepat factory in India uses digital twin technology to monitor and simulate its production processes. Flex AI to Support Manufacturing Flow Flex uses artificial intelligence to improve production quality and efficiency in electronics manufacturing.
Today, we kick off our annual year end series highlighting the top blog posts in each of our 7 main categories: Manufacturing , Supply Chain , Logistics , 3PL , Business , Transportation , Freight. Top Manufacturing Blog Posts for 2014. As each year comes to a close, we all look back on the year that was in reflection.
Earlier this morning I was thinking about something different, yet interesting to discuss in the intro paragraph of this week in logistics news. And now on to this week’s logistics news. Then it occurred to me, why not talk about what I want to discuss? So I will. I will use this paragraph as an inquiry for my own selfish interests.
Well, ARC Advisory Group , the owner of Logistics Viewpoints, has been conducting research on the PLC market for decades. And now on to this week’s logistics news. million-square-foot warehouse in Connecticut Flexport announced the acquisition of Shopify Logistics’ assets, including Deliverr. Come on – not a chance!
These decentralized networks aim to boost flexibility, reduce risk, and improve responsiveness, aided by technologies such as blockchain, AI-driven logistics, and expanded visibility into supply chains. The company reduced its manufacturing dependency on China by approximately 80% in response to increasing tariffs and operational risks.
The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year.
Automotive: Can JIT manufacturing survive legal disruptions to tariff policy? Tariff uncertainty may prompt manufacturers to increase safety stock levels or pre-purchase materials, squeezing working capital. Many Western pharmaceutical companies rely on India and China for APIs.
Ports in India were among those hardest hit by the Red Sea diversions that started in mid-December. These changes made ocean capacity (and empty containers) scarce, sending container rates out of India spiking. For these carriers, February eBookings out of India on WebCargo dropped by well over 50% month-on-month.
For countries like Japan and India, where energy imports are critical, the stakes remain high. Some were even running cybersecurity readiness checks in case of retaliatory digital attacks on logistics infrastructure. They were modeling fuel price ranges. Mapping alternative port routes. Stress-testing supplier networks.
Right after demonetization, another big thing that came to India was the implementation of GST (Goods and Services Tax). Over time it was understood that this was much needed and it actually helped in organizing and setting up different logistics and transport sectors to speed up their overall processes. Growth and Evolution.
The company was established in India as Asia’s first integrated private steel company in 1907. Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. When did you join Tata Steel? . Can you tell us about your goals? .
Strategic rethink in supply chains With such a substantial shift in operating costs over the short and long term, as well as an increased risk of dislocation disrupting supply chains, businesses are reconsidering their strategies, with major implications for global manufacturing and sourcing.
Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? Transportation logistics software solutions play a key role in effectuating this change. This strategy is not without its risks though.
McCormick Place North Entering the grand concourse and riding the escalator up one floor, we will take a left hand turn into the North Hall, home to the North Manufacturing and Assembly Solution Center and the Robotics and Automation Solution Center. The post Welcome to A Day at ProMat 2023 appeared first on Logistics Viewpoints.
In this week’s news… XPO Logistics to Acquire New Breed Logistics. Amazon to open five new warehouses in India (Reuters). XPO Logistics continues its roll-up strategy with its announced acquisition of New Breed Logistics this week for $615 million. Reports 2014 Second-quarter Results.
2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows. Key Trends.
Major businesses have had to completely re-consider previous supply chain strategies that were largely centred around lean manufacturing, just-in-time delivery and reducing operating costs. Manufacturing Network Diversification. The recent business and economic disruption has shed a light on the fragility of many global supply chains.
Beyond that, many nations are pushing to solidify their own domestic capabilities, especially in key sectors like critical minerals, semiconductor manufacturing, large-capacity batteries, and pharmaceuticals. Previously, Abhishek served as the Deputy Country Head – India at the U.S.-India India Business Council (USIBC), U.S.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. Background and Summary Earlier this month, the Council of Supply Chain Management Professionals (CSMP) released findings from its annual State of Logistics research report. percent of national GDP.
This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.
Haifa port, which was privatized in 2022, is owned 70% by Indias Adani Ports while the remaining 30% is held by Israels Gadot Group. We have taken this proactive measure to safeguard our people, assets, and customers’ cargo in light of increased regional instability." Timely, incisive articles delivered directly to your inbox.
Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. This practice is illegal. Postponement.
by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.
The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.
Businesses across APAC are gradually adopting AI and noticing clear benefits: Real-time visibility and better forecasting AI consolidates data from procurement, inventory, logistics, and fulfillment into one real-time view. It uses predictive analytics to spot disruptions early, allowing companies to act proactively.
to discuss vehicle customization by original equipment manufacturer (OEM) automakers and its impact on the supply chain of the future. And then there was a McKinsey article, which commented recently, that in the next four years, India would be the third biggest manufacturer , just lagging after China and the US. FM: Absolutely.
In respect to logistics and transport something remarkable happened at COP26. Subnational governments like Québec in Canada and Telengana in India as well as manufacturers and fleets like DHL, Heineken and Scania are endorsing the MOU and declared that they will align with the decarbonization effort.
Billion Deal for Ceva Logistics (WSJ – sub. Billion Deal for Ceva Logistics (WSJ – sub. Billion Deal for Ceva Logistics (WSJ – sub. NEMF Files for Bankruptcy, XPO Warns on 2019: Is the Party in Transportation and Logistics Ending? I’m sure you have some suggestions for me. filed for bankruptcy on Monday.
and India at 12.5 The declining cost of lithium batteries can be attributed to the EV industry which created the supply chain and manufacturing scale need to reduce mining and manufacturing costs. The post Microgrid Economics – Microgrids Growing Faster Than Larger Grids appeared first on Logistics Viewpoints.
The year on year increase in customer dissatisfaction of logistics outsourcing has pushed many players into a defensive corner. The industry is going through a quiet revolution, which makes it an exciting time to be in the logistics outsourcing business. Cautious Optimism Abound in the Logistics Outsourcing Outlook.
Emerging Supply Chain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends Feature Article by Laurent Sik , Head of Operations, CEVA FVL APAC Automobiles, as a form of transportation, are indispensable in today’s world and will remain a crucial part of our lives for a long time to come. million cars.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Industrial Relations Issues Adding to Container Woes in India and Germany. A Mission Against Emissions.
Supply Chain Matters calls reader attention to a report by Bloomberg indicating that upwards of 14 percent of Apple iPhone production, equating to $14 billion, is now being produced within India. Outlined were ongoing production investments among three contract manufacturers including Foxconn Technology , Pegatron Corp. ,
A global study conducted by Gartner, the global research and advisory firm—surveying over 1,300 supply chain professionals—found that 56% of the respondents think that automation enables them to make onshore manufacturing economically viable. The supply chain and logistics ecosystem is reliant on the contribution of many autonomous actors.
Other users of the information will be retailers and their supply chains, as well as government authorities seeking to uphold export regulations, according to Megan Brewster, vice president of advanced technology with Impinj , a manufacturer of radio frequency identification devices. It’s all about the data,” he adds.
Driven by increases in both domestic demand and technological sophistication, India has become a major manufacturing hub for autos. But the industry still faces many complex logistics challenges.
The automotive and farm equipment manufacturing giant’s Spares Business Unit (SBU) witnessed lost sales revenues due to stockouts and tight working capital as a result of high inventory investment. Challenges. This assisted in achieving higher customer service levels and reducing operating costs. Real solutions. Why Blue Yonder.
Foxconn to build $500 million factory in India Electronics manufacturer Foxconn has started construction on a new manufacturing site in India, with plans to invest $500 million in the facility…
The company was established in India as Asia’s first integrated private steel company in 1907. Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. When did you join Tata Steel? . Can you tell us about your goals? .
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