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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.

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.

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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. Cutting costs and looking for alternative supply sources were also prioritized along with making new budget revisions to adapt to the changes in the global supply chain. Inventory and storage constraints. Depleted inventory due to customer demand. What Is the COVID-19 Impact on Your Supply Chain? We Surveyed the Transplace Network.

Outsourcing: The Good, the Bad, and the Ugly – Lessons from Nortel Networks

NC State SCRC

PCB’s were outsourced in the 1990’s, and final assemblies not long after, but the system house where it was all consolidated, putting it through your systems test and shipping it – was all outsourced to Penang.” ” The BAD – “Back in the 90s a lot was going to Mexico. Nortel had a plant in Calgary, that had to be moved to Mexico. When they declared chapter 11 – they left Flex with $400M of inventory.

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. As if the situation wasn’t bad enough, Hanjin, the huge shipping company, was already in bankruptcy as of early September and putting a delay in the arrival of goods well before the hurricane. Several container ships adjusted schedules to arrive before the storm, which put a strain on the dockworker supply as well. Up to date inventory status.

6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Smart Data Management Will Lead to Better Inventory Management and Inbound Freight Planning. As explained by Inbound Logistics , smart data management involves the collection and analysis of data from multiple sources. Essentially, don’t forget the yard and the dock for successful shipping! One of the significant changes to expect in 2019 will revolve around bracts it, as well as the proposed United States, Canada, Mexico free trade agreement, which has yet to be ratified.

The Massive Opportunity Waiting for Oil and Gas in Asset Disposition

Requis

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 The average holding cost for surplus assets and stored inventories is 20% of the book/fair market value.”.

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. With real-time visibility capabilities, customers can gain time to resolution to proactively identify issues deep in the supply chain, e.g. “where is my inventory,” and leverage ML-based recommendations to find alternate sources of supply and integrated execution capabilities to turn recommendations into alternate supply shipments.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

In my experience, companies find themselves in difficulties with suppliers by either taking the cheapest quote looking for the one-off score (when that approach is not the best solution for the sourcing at hand) or by treating that supplier business as a subservient partner (in name only) even when the rhetoric espoused is we partner with our supply base. Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. That might mean diverting from Los Angeles/Long Beach to Canada or Mexico. Work with your broker to see if you can get priority on unloading the ship and inland transport.

Global 216

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year. PST will ship the same day.

Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Mexico and Cross-border. into Mexico by truckload and the increase of CPG export products from Mexico to the U.S., Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas.

Seasoned Leadership in Action™ – An Interview with Chris Darbyshire, VP Operations at Softchoice!

Supply Chain Game Changer

I spent almost 20 years between IBM and Celestica primarily focused on Global Supply Chain, Global Operations and Inventory Management. Over my career I have established supply chains for global leaders like EMC, Cisco, HP and others in China, Europe, Thailand, Malaysia, Taiwan, Mexico and across North America. Now we have Supply and Demand Planners, Commodity Managers and Sourcing, Logistics not the shipping department, and Forecasting is now done by Supply Chain Data Scientists.

This Week in Logistics News (June 3-7, 2013)

Talking Logistics

New Distribution Strategy For Market Leading Kewill Clippership® Parcel Shipping Software. Amazon plans big expansion of online grocery business: sources ( Reuters ). percent for non-contractual shipments in the United States, Canada and Mexico. New functionality added to OzLINK Mobile – Customers can seamlessly manage work orders on mobile bar code scanners, managing inventory, assemblies, and kits. . Welcome to June.

Post-Pandemic Impermanence and 6 Actions to Take Now!

Supply Chain Game Changer

The move from China, even if to other more reliable-in-a-crisis countries like India, Mexico or Singapore, will come at considerable cost. originally or made elsewhere and then shipped into the U.S. Supplier managers and their work product – supply base sourcing strategies and cost-reduction initiatives – will have to constantly be on the lookout for events driving their suppliers’ businesses and pricing. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

China 64

Day 3: Lenovo Goes About Creating the End to End Transparent Supply Chain

NC State SCRC

Planning and Execution (Howard) owns planning, inventory and production, with Logistics (Jerry) owning inbound and outbound. Managing inventory cost is always an issue, and it is often driven by a number of factors. So procurement will buy ahead, and work with suppliers to understand the situation in the market, and that may drive up inventory in one sector. When we are focused on inventory and Excess &Obsolescence (E&O) you know we are not doing well.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required. Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

When it is not in motion, it is classified as inventory. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory. You can either ship it by boat from China (30 days) or by plane (FedEx). A simple chart was used to depict inventory, with the size of the indicative of the amount of cash tied up in that inventory.

Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. On every screen there were moving graphical visualizations of material inventory. Tom had literally put his inventory on these control towers, and it was all updating in real time. For example, if we’re manufacturing something in China there are labour costs, the costs to ship, plus tariffs.

Spotlighting Import/Export Professionals!

Supply Chain Game Changer

But companies who fail to hire strategically for this role can face major bottlenecks along their Supply Chains, which can lead to inventory shortfalls and other risks. Avoid bottlenecks and lower risk in the sourcing process that can lead to inventory shortfalls. Now, with COVID-19, companies have to navigate new challenges – while also adapting to the Canada – United States – Mexico agreement (CUSMA), which replaced NAFTA and is now undergoing implementation.

Peeling Back The Orange Juice Supply Chain! (Video)

Supply Chain Game Changer

India and Mexico. Most of this production is shipped in the form of Frozen Concentrated Orange juice (FCOJ). This involves the removal of water from the juice via evaporation, which makes the concentrated Orange juice more efficient for economical shipping. This concentrate is then stored in refrigerated tanks and then transported to refrigerated trucks and refrigerated tankers for shipping around the world. Source: [link] ). Subscribe Here! Email Address.

Letter from the CEO: Market Update March 26, 2020

Transplace

Southern California: There were mega ships that were set to arrive over the weekend that were intended to take empty containers out of the ports and bring them back to China. Industrial and chemical sectors are maintaining seasonally expected shipping volumes as of this time. Trucks are sourced, loaded, dispatched and then cannot find a retail delivery appointment for days beyond the scheduled pickup date. Mexico and Cross-border.

This Week in Logistics News (October 7-11, 2013)

Talking Logistics

UPS Expands Expedited Ocean Freight Service To Mexico. Exclusive: Cisco, Google, SAP discussing BlackBerry bids – sources ( Reuters ). On the technology front, SAP announced the SAP® Customer Activity Repository application, “a new retail data repository powered by the SAP HANA® platform…intended to support retailers in becoming more customer-centric by bringing together customer, sales and inventory information from siloed applications.”

Perspectives on the Global Trade Environment: A Panel Discussion

NC State SCRC

The goal is to create redundant sources based on supplier-specific and country-of-origin, to ensure that each product category has redundancy as a form of insurance on the supply chain. Cheniere imports huge amounts of steel for their LNG processing facilities in the Gulf of Mexico, and are the second largest exporter of LNG in the world. In February 2016, Cheniere became the first company to ship LNG from a commercial facility in the contiguous United States.