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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. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

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

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. The overriding reason for this China-dependence is the cost factor, and weaning manufacturing away from that country comes at a hefty price. China produces most raw materials used in product manufacturing, so even if companies move product assembly elsewhere part of their supply chain will remain in China. Indonesia.

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. The upcoming Chinese New Year is on January 25, 2020, but the holiday shutdown can affect production times at China’s manufacturing companies for as long as two months as many workers travel back to rural villages to celebrate with friends and family. Shipping delays.

Shortages in Medical Supplies Linked to Imports

Logistics Trends and Insights

This is certainly welcomed news, however, according to an AP article , the Chinese government has required makers of N95 masks to sell all or part of their production internally instead of shipping masks to the U.S. Another idea is perhaps to identify ‘critical’ manufacturing, such as medical supplies and equipment and provide incentives to produce more within the U.S. Indonesia.

Burma 89

Top 6 Wholesale Distribution Trends for 2019

EMERGE App

They range from small-batch soap manufacturing to the distribution of sports car parts. Shipping costs are also expected to spike upwards. It firmly cemented China as the world’s manufacturing hub. It raised its prowess from running mere factories to one that offered a complete value chain: from research and development to shipping and fulfillment. They have come to grow dependent and accustomed to working with Chinese manufacturers and suppliers.

The Cost of Climate Change on Your Supply Chain

Kinaxis

Kevin O’Marah recently published his thoughts in a Forbes article, stating he believes a carbon tax applied to manufacturing and distribution is the way to go. That means placing higher value on commodities that don’t need to be packed or shipped – things like ideas and great content, and other assets that can easily be transmitted digitally.

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

The enforcements of draconian lockdowns, various economies have experienced severe shocks, adversely affecting global trade, global tourism & travel, International Aviation and Airports as well as International Shipping and Ports.

How COVID-19 is Battering Australia’s Imports and Exports

Logistics Bureau

The effects include: Severe disruption to shipping, with many Chinese ports operating at drastically reduced capacity and around 200 sailings cancelled. Australian imports from China mainly comprise manufactured goods, including telecommunications equipment, IT products, furniture, home ware, clothing, toys, sports equipment, and televisions. Source Australian Bureau of Statistics. Unpredictable levels of domestic and international shipping capacity.

Global electric vehicle demand drives scramble for fresh supplies of vital metals

EFT

The company plans to expand its battery manufacturing capacity to 60 gigawatt hours by 2020, nearly half of China's total battery manufacturing capacity in 2017. CATL) ranked as the world's top EV battery manufacturer. China wasn't the first country to build large-scale battery manufacturing facilities for EVs. The company controls the Cyclops Nickel-Cobalt Project in Indonesia, which is in proximity to all three major battery-producing nations.

Reversing globalisation: Near shoring, reshoring or staying put?

EFT

We have been living through remarkable times when it comes to manufacturing, technology and trade. The lure was irresistible for many manufacturers, who saw the chance for a competitive advantage, especially when such cheap resources were combined with the possibilities of just-in-time production. Alongside this trade revolution, shipbuilding became cheaper and the ships themselves bigger and more efficient.

5 Ways To Improve Your Import-Export Business Now

EMERGE App

Or, if you’re lucky to deal with tropical islands like Indonesia , Thailand and the Philippines , do remember the concept of island time. For exporters, calculating CBM and printing packing lists are a necessary but tedious step in the shipping process. Use barcode technology to dispatch your products before shipping them out. This helps to expedite orders as well as geographical convenience to receive stock and ship out orders. Introduction.

China and the global textile machinery

Exapro Hub

In May 2018, more than 200 textile machinery manufacturers compiled their statistics into a survey and thus, according to the 40th annual International Textile Machinery Shipment Statistics (ITMSS), released by the International Textil Manufacturers Federation ( ITMF ), the country has experienced strong growth in global deliveries between 2016 and 2017: long-staples spindles, short-staples spindles (up 21%), and open-end rotors (24%). Indonesia: 26% / 40%.