Supply Chain Matters

JUNE 5, 2023

That could signal even more added inventory exposures. Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. percentage points from the April value of 46.7,

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Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. That’s been a massive trend.

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Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

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Supply Chain Matters

MARCH 29, 2022

and China trade war had resulted in added tariffs being applied to footwear causing designers to consider sourcing within other countries, especially Vietnam. At the time, the economics of producing shoes in the region of consumption came down to the economics of cheaper direct labor across China and other Asian countries.

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Supply Chain Matters

JULY 7, 2022

Noted in the June report was that among the five sub-indexes that constitute the manufacturing PMI , the production index, new order index and supplier delivery time index were all above the 50 threshold, and the raw material inventory index and employee index were all below. for June, compared to a reported value a value of 48.1

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Supply Chain Matters

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

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Logistics Bureau

APRIL 3, 2023

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

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Logistics Bureau

MARCH 19, 2020

The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. It is also airlifting parts from China to its Vietnam operations.

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Supply Chain Matters

MARCH 3, 2022

A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 Of particular concern was the Inventory level index, which rose 9.1 for February, up from 53.7

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Supply Chain Matters

MARCH 2, 2023

Report authors however, qualified that the domestic market demand was the prime source of activity growth. Vietnam The S&P Global Vietnam Manufacturing PMI® returned to expansion level with a reported value of 51.2 This upturn reportedly stretched the sequence of production level growth to 20 months.

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BlueYonder

MARCH 6, 2020

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. 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. The third is exports to China.

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Elementum

NOVEMBER 9, 2015

His areas of specialization include global value chain innovations, supply chain management, global logistics, inventory modeling, and environmental and social responsibility. Inventory problems could mean anything: distribution, logistics, manufacturing, design. Naturally, your boss will look at how good you are in procurement.

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Supply Chain Matters

AUGUST 3, 2023

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.” declined 0.7

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Supply Chain Matters

JUNE 3, 2022

One apparent bright spot stemmed from the S&P Global Vietnam Manufacturing PMI® which reported production growth achieving a 13-month high in May, amid recovery from the latest wave of Covid-19 infections earlier this year. This was the first downbeat assessment of the business outlook recorded for two years.”. This index rose to 54.7

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Supply Chain Matters

JANUARY 8, 2024

The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. A prior downturn in Vietnam moderated during December. by the end of the year.

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Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Procurement. And, according to some analysts, things could get worse—a whole lot worse!

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Supply Chain Matters

MARCH 10, 2022

We further cited CMS provider Pegatron ’s announced manufacturing investment in India, and expansion in Vietnam. Noted was that the digital transformation of Lean practices requires new definition and direction for just-in-time inventory management flows.

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Supply Chain Matters

SEPTEMBER 17, 2022

The company’s range of diverse business services spans many dimensions of industry specific logistics, inventory management, transport and last mile services. The sudden decline in consumer demand for either pandemic or other needed material purchases has caught many businesses with excess inventories and frankly, some surprise.

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Supply Chain Matters

NOVEMBER 4, 2022

Morgan indicated, in part: “ With business optimism and the orders-to-inventory ratio also both dipping to their lowest levels in two-and-a-half years, the outlook for production remains downbeat.”. percentage points for October while the Inventories Index declined three percentage points. for October, compared to 52.5

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Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

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Supply Chain Matters

OCTOBER 4, 2022

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 percentage points higher. up from a value of 53.7

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Jaggaer

APRIL 14, 2020

Define your procurement response strategy. For many years large enterprises have taken it for granted that trade barriers are low and the name of the game was to achieve competitive advantage, for example by offshoring production, building not buying, saving on inventory with just-in-time production, and sourcing from low-cost countries.

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NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

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Supply Chain Matters

AUGUST 2, 2022

Apple has for the past two years, begin shifting some of its contract manufacturing capacity for certain models of iPhones outside of China to areas such as Vietnam and India. In retail segments, evidence continues to mount of unsold inventory, and with global wide interest rate hikes, impacts to added working capital costs mount.

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

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Supply Chain Game Changer

APRIL 26, 2020

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. I was in the Supply Chain organization and Derek Panchyshyn was the Executive in charge of the EMC Account. Derek was always the consummate professional.

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Supply Chain Matters

JUNE 9, 2023

That would include alternatives to China under the umbrella of China Plus sourcing. based companies had indicated in survey data and in concerted actions in termed China Plus sourcing strategies that either alternative, nearshoring, or reshoring efforts were being undertaken. We pointed out that in 2022, more U.S.

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The Logistics & Supply Chain Management Society

JUNE 10, 2021

Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement.

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Supply Chain Game Changer

NOVEMBER 17, 2018

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. I was in the Supply Chain organization and Derek was the Executive in charge of the EMC Account. Derek was always the consummate professional.

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Supply Chain Matters

MARCH 5, 2024

Morgan indicated in part: “ An improving orders-to-inventory ratio and upward momentum in both new export business and employment all suggest the underlying dynamics of the manufacturing sector are also moving in the right direction. Contrasting Reporting for U.S. Manufacturing Among the two reported PMI reports relative to U.S.

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Enterra Insights

MAY 16, 2022

Reliable financial analytics across the enterprise — including branches, plant assets, fleets, and inventory — are required. A modern system can analyze hundreds of thousands of data points from different sources and tell you precisely what you need to do to stay ahead of the curve. Build value network capabilities.

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6 River Systems

SEPTEMBER 17, 2019

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. 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.

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Supply Chain Matters

FEBRUARY 5, 2024

Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. The S&P Global Vietnam Manufacturing PMI® reentered expansionary level at a reported value of 50.3 The sub-indexes of new orders and production output each reportedly increased by over two percentage points. from the 48.9

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Supply Chain Matters

JANUARY 19, 2024

retailers are already experiencing notifications of extended arrival times of ordered inventory. This comes as many retailers have taken aggressive strides to reduce their prior inventory surpluses, some of which date back to effects of the global pandemic. Shippers assessing shipping from China, India or Vietnam to either U.S.

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BlueYonder

AUGUST 29, 2019

Those who source a significant portion of their goods from China. Also, those retailers who have not already diversified their sourcing options, as some of the major players have, will have little time to do that before the new tariffs kick in, putting them at a distinct disadvantage. increasing inventory before the deadline.

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BlueYonder

AUGUST 29, 2019

Those who source a significant portion of their goods from China. Also, those retailers who have not already diversified their sourcing options, as some of the major players have, will have little time to do that before the new tariffs kick in, putting them at a distinct disadvantage. increasing inventory before the deadline.

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Elementum

APRIL 4, 2018

While they may not all be cheap, there are options for companies that want to weave domestic procurement into their supply chains. India and Vietnam might snag bigger shares of apparel and electronics manufacturing as US companies look to restructure their supply chains. Final Thoughts.

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