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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

based companies had indicated in survey data and in concerted actions that termed China Plus sourcing strategies that either explored alternative, nearshoring, or reshoring efforts were being undertaken. The basis of this report, based on company experiences and executive interviews was that “ the strategy looks more like China plus many.”

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. 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. What is single sourcing and sole sourcing?

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Innovative Approaches to Supply Chain Risk

Kinaxis

You have a supply chain risk management strategy in place. A few hours later, your procurement head walks in the office. “We This scenario played out for thousands of companies after the Japan earthquake, the Thailand floods and numerous other smaller scale disasters. It’s going to be a crazy, busy day. Think again.

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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

The April report was headlined with India’s manufacturers increasing input inventories to near record pace to prepare for increased output. Other Asian Nations The S&P Global ASEAN Manufacturing PMI is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Mid-Year Assessment of 2022 Supply Chain Predictions- Part One

Supply Chain Matters

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing forces and developments including a marked escalation in geo-political tensions that impact global supply chain strategies. . Economic Outlook Significantly Changed. There is further growing evidence on the U.S. percent of GDP to 6.2

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. China’s expansion was noted as marginal by the end of Q1.

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ERP Aids Your Sustainability Initiatives

QAD

Today, manufacturers view sustainability as a required corporate strategy for long-term business viability and success. Consider the effects of excess inventory and unnecessary shipments. Sustainability drives growth when companies commit to more sustainable practices and establish effective strategies and meaningful objectives.