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The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Let me show you why. Understanding the Basics: What is Nearshoring?
SupplyChain Matters provides readers with December 2024, Q4-2024 , and year-end global supplychain assessments as reported by various global wide PMI reporting. At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. value in November.
Rethinking supplychains is a reader-supported publication. Reported May 20 Let me take a moment to comment on our global sourcing strategy. Today, more than 50% of our purchases are sourced in the United States. As a result, we now have tremendous sourcing flexibility. A busy week in retail earnings!
The company applies AI and other analytics to this data to provide supplychain risk analytics and insights to its clients. In short, what makes them different is that they can quantify and thus prioritize supplychain risks. Each event is assigned a risk score. Additional support from Western allies looks less likely.
SupplyChain Matters provides readers with highlights and commentary on January 2024 production and supplychain activity levels as reported by various global wide PMI reporting. At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines.
In our continuing series, SupplyChain Matters provides readers with highlights of monthly reported global and regional wide PMI activity levels. The latest data regarding October reinforces that global and regional manufacturing levels remain subdued, similar to this condition during all of the Q3 period. rose from the 45.0
year-on-year in June, after higher tariffs on goods from the country's top ocean trade partner extended a steep drop that began in May , supplychain technology provider Descartes (DSG.TO) said on Tuesday. US ocean imports from China tumbled 28% in June on tariff hikes U.S. imports of containerized goods from China tumbled 28.3%
The global supplychain stands at another critical juncture as U.S.-China 8 As such, the challenge to quickly manufacture and transport inventory now, or at a moment's notice, remains paramount. China trade tensions force shippers, carriers, brokers, and brands to reassess logistics strategies. Imports from China fell to $29.4
Nowhere was that tension more visible than during one of the conference’s hardest-hitting panels, a deep dive into the complexities of tariff policy and its ripple effects on global sourcing, consumer pricing and retail resilience. Retailers and manufacturers alike are building permanent workarounds. Before Trump, U.S.
economy, bring home manufacturing jobs, raise tax revenues and provide America leverage to renegotiate security deals with its allies. Exclusive: US considering new ship registry in US Virgin Islands, sources say President Donald Trump's administration is considering a proposal to create an international shipping registry in the U.S.
Mercedes says no supplychain disruptions after China export concerns There has been no disruption to production due to limited raw material exports from China at German carmaker Mercedes-Benz (MBGn.DE) , a senior executive said on Monday. grocers like Kroger (KR.N) , hospitals and schools, shares the stated aim behind U.S.
SupplyChain Matters provides readers with our summary highlights, perspectives and insights related to published June 2025 PMI indices. Morgan Global Manufacturing PMI® reportedly rose to a value of 50.3, The HSBC India Manufacturing PMI® rose to a 14-month high level of 58.4 Manufacturing PMI® recorded a value of 52.9
Trump’s letters on July 7 targeted countries including Japan, South Korea, South Africa, Indonesia, Thailand and Cambodia. RELATED CONTENT RELATED VIDEOS Global Trade & Economics Regulation & Compliance Chemicals & Energy Industrial Manufacturing Related Articles Trump Heads Toward Tariff Barrage on Canada, Mexico, China U.S.
Rethinking supplychains is a reader-supported publication. This includes the combination of cost sharing with vendors and price increases in the coming quarters and sourcing optimization in the medium to long-term. Our merchants, sourcing team, and suppliers are being creative.
5 Megatrends Shaping SupplyChain Innovations. In these times of global turmoil, there are five (5) important megatrends shaping supplychain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supplychain management.
Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supplychain. In other words, halal requires an organisation of the supplychain instead of just the factory: from source all the way up to point of consumer purchase.
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for SupplyChains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and SupplyChain Management Society. Alternatively, you may want to relocate – totally or in part – where your product is manufactured.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. But there was a cost to this.
For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. percent of global manufacturing output and was regarded as the world’s manufacturing superpower. For global businesses, supplychain resilience is the name of the game.
The global shift from traditional internal combustion engine (ICE) vehicles to vehicles with electrified powertrains is underway, and it’s creating greater complexity for original equipment manufacturers (OEMs) and their supplychains. DEVELOP THE RIGHT SOURCING STRATEGY. Vertical integration of the supplychain.
Dave Elias, vice president of supplychain management, and Josh Stauffer, senior director of IT, spoke at ARC Advisory Group’s SupplyChain Forum. They have implemented a broad suite of enterprise and supplychain applications and are still implementing more. HWI Has a Complex SupplyChain.
Essential Skills for SupplyChain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supplychain managers and leaders in Asia. SupplyChain Competency: Focuses on core competencies to optimize operations.
Global SupplyChain & Sourcing Director for ECCO Global Shoe Production & Sourcing. We are pleased to bring back in 2021 our fire-side chat column with key people in the supplychain industry. In 2014, I was appointed Global SupplyChain role with ECCO Shoes and relocated back to Singapore.
With a looming economic headwind on the horizon, the industries of the world can navigate through these challenges by riding three major trends: supplychain disruption, sustainability, and workforce turnover. To thrive and survive, it’s more than shortening time-to-market but also time-to-value.
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. International Sourcing.
Risks in halal supplychains The halal integrity of a brand (and its products) is a function of its supplychain, where a breakage in halal integrity anywhere in a supplychain becomes a breakage of its halal integrity. On the other hand, halal risks in the entire supplychain are not on their radar screens.
The project, which was delivered in partnership with Efficio, the leading strategic procurement and supplychain consultancy firm, was focused on STG’s strategic sourcing process as the first stage of a longer term digital transformation. STG is a world leading manufacturer of cigars and traditional pipe tobacco with approx.
The Ferrari Consulting and Research Group via its affiliated SupplyChain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supplychains published at the beginning of 2022. Economic Outlook Significantly Changed. Economic Outlook Significantly Changed. percent of GDP to 6.2
SupplyChain Matters highlights for readers added indications that China Plus materials supply or production strategies are garnering increased attention from businesses large and small. billion in population will be the linchpin of an alternative sourced Asian supply network. One example indicated was that U.S.
Visits to Vietnam , Singapore and Indonesia have featured itineraries that included meeting with governmental leaders, technology users, content providers and other groups. From a supplychainsourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supplychainsourcing.
COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise. Labour lacking skills in high-tech manufacturing.
What is supplychain risk management? Supplychain risk management is the process of identifying and managing issues within a supplychain. The objective of supplychain risk management is to reduce vulnerability and disruption within supply channels.
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. Consider other manufacturing locations. Some manufacturers will have operations in several different countries.
SupplyChain Matters provides readers a further installment in our global supplychain assessment series in providing highlights on reported March 2024, and Q1-2024 global and regional production and supplychain PMI indices. Morgan Global Manufacturing PMI® ended March on an optimistic footing.
government client with assessing the isolation gown industry and its associated risks, particularly relating to isolation gown manufacturers’ and distributors’ compliance with The Make Personal Protective Equipment (PPE) in America Act. Supplychain risk associated with isolation gown material suppliers.
SupplyChain Matters provides readers and clients with a further installment in our global supplychain assessment series in providing highlights on reported May 2024 global PMI activity levels. Signs of Global Manufacturing Upturn Global-wide manufacturing levels as depicted in the J.P.
The chocolate and candy industry, however, has been working hard to up its game in terms of the environmental and social responsibility of its global supplychain, from supporting the livelihood of African cocoa farmers to zero-waste-to-landfill candy factories. For many of us, Halloween is all about the chocolate.
SupplyChain Matters highlights results of a recent survey indicating the level of global supplychain disruptions. This survey likely reinforces what supplychain and business leaders have already sensed and are managing. That could change in the second-half.
SupplyChain Matters provides readers with a September and Q3-2024 global supplychain assessment focused on reported global wide PMI activity levels. The reported September data provides added reinforcement of a global manufacturing slowdown occurring at the end of Q3-2024.
SupplyChain Matters provides readers a further installment in our global supplychain assessment series in providing highlights on reported April 2024 global PMI activity levels. Decline in Global Manufacturing Output Levels Global-wide manufacturing levels as depicted in the J.P. The April reading of 50.3
SupplyChain Matters provides readers with a further installment in our global supplychain assessment series, specifically in providing highlights on reported August 2024 global wide PMI activity levels. The August data further reinforces indications of a global manufacturing slowdown. Consequently.
SupplyChain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. Global Manufacturing Activity Levels. Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P.
These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supplychains. Mindmap High-Tech SupplyChain 4.0. Challenges for high-tech supplychain. The sourcing department is challenged by increasing compliancy issues. Afghanistan.
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