article thumbnail

Another Asian Trip and Added Apple Sourcing Options

Supply Chain Matters

Visits to Vietnam , Singapore and Indonesia have featured itineraries that included meeting with governmental leaders, technology users, content providers and other groups. Vietnam Visit Cook’s Vietnam visit was headlined by local and global media as pledging to buy or produce additional product components in that country.

article thumbnail

Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Prediction Background. Higher cost levels will need to be mitigated or reduced.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

article thumbnail

Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Background As the month of August comes to a close, we wanted to revisit one of our 2023 Predictions for Industry and Global Supply Chains published at the beginning of this year. Of particular interest for us, the paper indicates that reallocation has been occurring among specific industry supply network dimensions.

article thumbnail

Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

article thumbnail

Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Reportedly, the vast majority of detained goods were produced in either Malaysia, Vietnam or Thailand.

article thumbnail

Freight Market Intelligence: Data is crucial, but context is king

Freightos

The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry. Legibility, followed by analysis and the ability to take action can literally change industries. Real world, meet data. And they are.

Freight 156