All Signs Point to Mexico Playing a Greater Role in Supply Chains

Talking Logistics

What do you think about Mexico? My short answer: What do your customers think about Mexico? For most 3PLs, their customers — across a variety of industries — are growing their presence in Mexico, either manufacturing there or growing their supplier base there, so 3PLs need to align their services and capabilities accordingly to the changing supply chain networks of their customers. Mexico mode…Freight moved by pipeline increased 11.4

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U.S./Mexico Shipping Series Part 3: Transportation Success is More than a Low Rate per Mile

CH Robinson Transportfolio

Mexico Shipping Series Part 3: Transportation Success is More than a Low Rate per Mile.Transportfolio by C.H. This is a company that manufactures a wide variety of construction and agricultural equipment and places a high priority on brand reputation. Another customer faced climbing inventory carrying costs. In their situation, they had a very reasonable—if not low—rate per mile, but their total landed costs were out of control because of the extra inventory expenses.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. 70% of manufacturers indicate that volatile energy costs are a major concern.

ERP Sustains Manufacturing during COVID-19

IQMS

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity. Never in the history of ERP have we seen it play a bigger role in the continuance of manufacturing operations around the world. All Posts Manufacturing Trends & News

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Con-way Freight announced this week that it has enhanced its Mexico service offering with the introduction of real-time, door-to-door online tracking, a 24-hour Customer Resource Center and new web tools for tendering and managing shipments moving to and from Mexico.

New 3PL Study: The State of Logistics Outsourcing

Supply Chain Movement

Both parties view themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9% an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. Not only do they compete with other 3PLs, they also compete with manufacturers, retailers and consulting firms. Mexico Rising as Manufacturing and Logistics Hub.

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This Week in Logistics News (August 19-23, 2013)

Talking Logistics

I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. Manhattan Associates Launches 2013 Inventory Optimization Release. Con-way Manufacturing, SmartTruck Systems and Kevin Rutherford Unveil State-of-the-Art Trailer.

Reflections on Hard Hats and Safety Shoes…

Supply Chain Shaman

Manufacturing teams used to manage the supply chain group. Today, in most organizations, the supply chain team manages manufacturing. The irony is that fewer and fewer people within the supply chain team understand manufacturing. As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints.

What is Supply Chain Compliance and Why is it Important?

AB&R

In addition, several agencies such as the Food and Drug Administration (FDA) require unique device identifiers (UDI) usually in the form of barcodes to contain information such as manufactured date and lot number to provide traceability. New Mexico. Asset Management Blog Inventory Management Managed Services Manufacturing RFID Transportation & Logistics asset management barcode verification compliance labeling GS1 harsh environment labeling UDI

Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

Cerasis

Offshoring is basically when a company moves manufacturing to a foreign country in an attempt to save money. For a time, this model of manufacturing seemed to be the paragon of effective business. It was cheaper than producing products in the US, manufacturers could produce large inventories with little capital up front, and consumers did not really have a public voice. Why Are Manufacturers Focusing on Reshoring and Nearshoring?

Business Adaptability – A Core Survival Strategy

QAD

Because the pandemic reached Mexico later than some other regions, the teams had time to study the responses in other countries and learn from their successes as well as their mistakes. Featured Manufacturing Trends Adapt adaptability Business Change collaboration COVID-19 disruption innovation manufacturing profitability Soccer Survival Survival strategiesAdaptability is key to survival, whether we’re talking about organisms or organizations.

What Is the COVID-19 Impact on Your Supply Chain? We Surveyed the Transplace Network.

Transplace

10% or less are in Canada, Mexico or Europe. Inventory and storage constraints. Depleted inventory due to customer demand. Business - Transportation Miscellaneous 3PL automotive business priorities chemical coronavirus COVID-19 CPG customer demand industrial inventory logistics manufacturing packaging retail shipping supply chain technology telecommunting transportationWhat Is the COVID-19 Impact on Your Supply Chain? We Surveyed the Transplace Network.

Transportation TIP List: Week of April 7th, 2019

Transplace

Mexico border has been widely covered by headlines across the country. Trump’s Border Threats Snarl Truck Traffic : The southern border isn’t closed, but it’s already a mess for trucks hauling goods from Mexico to the U.S., Mexico Border Would Cost Trucking $18 Million a Day : Citing the magnitude of everyday trade between the U.S. and Mexico, Bob Costello, Chief Economist at ATA, said, “If the U.S.-Mexico Inventory and supply chain management is expected to see a 20.2%

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The Pros and Cons: International and Domestic Sourcing

Unleashed

This strategy involves a country from a high-cost country area — typically US, UK, Canada, Australia, and West European nations — purchasing materials from resource-rich low-cost countries; think China, India, Indonesia, Bolivia, Brazil, Russia, Mexico, and East European nations. Leverage manufacturers and their network. Sourcing internationally can create a complex supply chain that complicates your inventory? ?control

Business Adaptability – A Core Survival Strategy

QAD

Because the pandemic reached Mexico later than some other regions, the teams had time to study the responses in other countries and learn from their successes as well as their mistakes. Featured Manufacturing Trends Adapt adaptability Business Change collaboration COVID-19 disruption innovation manufacturing profitability Soccer Survival Survival strategiesAdaptability is key to survival, whether we’re talking about organisms or organizations.

Transportation TIP List: Week of June 23rd, 2019

Transplace

Mexico Becomes First Country to Pass USMCA : Last week, Mexico’s Senate passed the USMCA, making it the first country to ratify the new North American trade pact. on Strong Economic Growth : According to the recent “State of Logistics Report”, spending on transportation, inventory-carrying costs and other shipping-related expenses as a share of gross domestic product last year reached its highest level since 2014. Transportation TIP List: Week of June 23rd, 2019.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. It is designed to dramatically decrease the time required for any entity to convert assets, such as accounts receivable, real estate, inventory, equipment, and commodities into cash. Supply chains are messy. Blockchain in Supply Chain Can Help. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers.

Transportation TIP List: Week of June 23rd, 2019

Transplace

Mexico Becomes First Country to Pass USMCA : Last week, Mexico’s Senate passed the USMCA, making it the first country to ratify the new North American trade pact. on Strong Economic Growth : According to the recent “State of Logistics Report”, spending on transportation, inventory-carrying costs and other shipping-related expenses as a share of gross domestic product last year reached its highest level since 2014. Transportation TIP List: Week of June 23rd, 2019.

Letter from the CEO: Coronavirus Market Update

Transplace

Mexico and Cross-border. into Mexico by truckload and the increase of CPG export products from Mexico to the U.S., In the short term, the market is going to demand Mexican portion peak season surcharges to bring empty equipment from other regions or the border into the Mexico shipping points. Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Letter from the CEO: Coronavirus Market Update.

Keeping It Local: How Shorter Supply Chains Impact Supply Chain Planning

ToolsGroup

Manufacturing was transformed into a global enterprise. The Economist says that more companies are sourcing with proximity to their major markets – for instance servicing the EU from Eastern Europe and Northern Africa or the US from Mexico. Of course trade-offs of higher manufacturing costs are balanced against reduced inventory costs, lower freight/logistics costs, lower duties and taxes and all the other parts of “total cost to serve”.

Confessions of a High Priced Expediter!

Supply Chain Game Changer

The manufacturing lines were up and running and we were meeting our customer commitments again. This time the disaster was in Mexico. The local buyers at each manufacturing location had the real day to day insight as to what was going on but they didn’t have the supplier contacts to resolve their issues. We focussed on establishing Vendor Managed Inventory programs and improving our Lead Times and Parameter Management. Subscribe Here! Email Address.

Seizing Real Results in Latin America

Supply Chain Nation

One clear example of this prowess is automotive manufacturing. In fact, industry experts anticipate Mexico’s auto output to hit a record 2.86 million vehicles when the 2012 figures are tallied, making Mexico the eighth-largest automotive producer worldwide. We also discuss some of the recent information on inventory patterns and explore some success stories. Manufacturing Supply Chain Supply Chain Management automotive Latin America manufacturing production

Mindmap for the Fashion & Luxury Goods Market

Supply Chain Movement

Adequate demand planning and accurate inventory investments are key to successful supply chain management in this fast-moving industry. Mexico. In this fast-paced world, where there is also increasing pressure to reduce the carbon footprint, global fashion and luxury goods manufacturers have to redesign their go-to-market strategy to meet demand in a cost-efficient and sustainable way: Plan.

Halloween Candy – A Scary Supply Chain Planning Problem

Logility

In the interactive “ Top Halloween Candy by State ” map, CandyStore.com shows my beloved candy corn is the favorite candy for trick-or-treaters in Idaho, Nevada, New Mexico, Iowa, Michigan and Alabama. When you boil it down, a product’s shelf life is very short and if you don’t sell it, that inventory will be discounted shrinking already razor thin margins. I admit, I love to eat Halloween candy as much as most grade school children (maybe more). My favorite: candy corn of course!

The New JDA Flowcasting Solution

Supply Chain Nation

To oversimplify a bit, in this initiative, the retailers and manufacturers compared their own forecasts and worked to come up with a consensus forecast. These collaborative forecast initiatives had positive impacts on inventories and service levels. This can blow back and change the shipment plan between the manufacturers’ and retailers’ distribution centers (DCs). This single model of the business across the entire supply chain is shared by retailers and manufacturers.

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

of east coast and Gulf of Mexico imports in September, according to an article from the Business Information Industry Association. This involved in some cases, diverting some inventory bound for other regions. The fuel supply chain could be one of many chains affected by a hurricane, especially if the hurricane threatens the Gulf of Mexico hampering the oil fields like Katrina did in 2005. Up to date inventory status.

Best Buy Increases Inventory to Meet Customer Demand Across Channels

Supply Chain Nation

In this week’s Friday in 5: Best Buy increases inventory to support multiple channels; Americans say their economic prospects are brighter, despite ongoing concerns; Nordstrom bets big on high-touch technology; Parts Town takes a new approach to automation technology; and a new complication slows free trade negotiations. According to the Wall Street Journal, Best Buy reported inventories on its balance sheet at $4.96

Best Buy Increases Inventory to Meet Customer Demand Across Channels

Supply Chain Nation

In this week’s Friday in 5: Best Buy increases inventory to support multiple channels; Americans say their economic prospects are brighter, despite ongoing concerns; Nordstrom bets big on high-touch technology; Parts Town takes a new approach to automation technology; and a new complication slows free trade negotiations. According to the Wall Street Journal, Best Buy reported inventories on its balance sheet at $4.96

State of Logistics Outsourcing: Plenty of Room for Growth as Shipper Dissatisfaction & Technology Expectations Increase

Cerasis

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. Other emerging markets include South America (not including Mexico), India, Eastern Europe, the Middle East, Africa and Mexico.

The Transformation of Supply Chain Management – IoT, AI, & Blockchain

Oracle SCM

When IoT is specialized for industrial application such as manufacturing, it is also known as Industry 4.0 IoT has massive implications for supply chain management, including manufacturing, inventory management, and logistics. For Manufacturing – production managers can track output levels & yields of production across the globalized manufacturing base instantly – handy when you have hundreds of production lines spread throughout China, Mexico, and Turkey.

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How to Turn Your Supply Chain into an Innovation Engine | Guest Post from Erwin Hermins

Kinaxis

In the past, stores had to supply a wide variety of paint colors and finishes based on consumer demand estimates, building inventory and tying up working capital. For example, let’s look at a cloud-based infrastructure company that outsources its manufacturing to two contract manufacturers. The primary contract manufacturer builds their product in Mexico, within a one- to two-day delivery interval to customers in the U.S.,

7 Ways to Create Perfect Agile Supply Chain Machine

Supply Chain Opz

The primary focus was to make a manufacturing system became more flexible and could adapt to changes. published the article entitled " Leagility: Integrating the lean and agile manufacturing paradigms in the total supply chain " to describe how agility and lean concept are related. Agile Supply Chain concept has been discussed widely but the definition can be a bit vague.

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7 Reasons Panama is the Latin American Supply Chain Capital with Demo Perez

The Logistics of Logistics

Regarding the new tariffs between the US and Mexico, you don’t need to worry about them if you take the product right to Panama. [28:09] Latin American consumers will say the same thing, so we need inventory close to them. We want to move more into light manufacturing and assembly. [00:20] Opening / Introduction. [00:51] 00:51] Tell us about yourself and what you do in Panama. I was born and raised in Panama and manage a 3PL.

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Decoding the cross-border eCommerce puzzle

Vinculum

The B2C affair is gradually overlapping the B2B segment as customers are willing to purchase products directly from foreign manufacturers and retailers.

Nike Learns to Mass Customize Shoes While Near-Shoring

NC State SCRC

Many people have heard about their partnership with Flex to build mass-customized shoes in Mexico, which is a big shift for the company from it’s largely Asia Pacific supplier network. The third was a more standard shoe that they called the “Sub-7”, which is one where they take an order, the product is customized onshore or near shore with some stock inventory and light customization and personalization.