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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Many traders and retailers faced inventory shortages due to delayed deliveries of goods. Recognizing the critical importance of proper inventory management during these times, most interviewees emphasized the need to constantly review and adjust inventory policies and supplier reliability for survival.

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

The company has 18 plants and operating locations in the US, Canada, and Mexico as well as plants and labs in the UK, China, and Indonesia. They also have 20 sourcing locations across North America from which they can ship make to stock products. The sourcing centers shipped over 130,000,000 pounds of product last year.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

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. Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing.

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

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Inventory planning to reduce Chinese New Year disruption

EazyStock

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. During this time, production across China will stop, and shipping will be delayed. Discuss any issues and work together to find solutions. In 2024, this will be from February 9-15.

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7 Best Marketplaces & Carts to Sell Online in the Philippines: Lazada, Zalora, Shopee & more

Vinculum

This will save them the cost of premises, procuring necessary amenities, and a team of professionals to carry out the daily operations. Marketplaces allow retailers to collect data and derive actionable insights regarding customer purchase behaviour, in turn, helping retailers in rehashing their marketing strategy, and eCommerce operations.

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A Complete Guide To Selling On Shopee In 2022!

Vinculum

Additionally, this paradigm change can be ascribed to technical development, ground-breaking inventions, and changing consumer purchasing patterns. Shopee had a modest beginning, but it has grown to be present in most ASEAN member states, including Singapore, Malaysia, Thailand, Vietnam, Indonesia, the Philippines, Taiwan, and Korea.