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. More prominently, is the significant increase in ocean container shipping costs coupled with longer transit times from Asia to the United States. from pre-pandemic levels.

Manufacturing Procurement 52

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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.

Supply Chain Disruption 52

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Elementum

MAY 26, 2022

2) Ship to the US and Western Europe. They expanded first into other parts of eastern Asia (Vietnam, Thailand, India), then into eastern Europe (Poland, Ukraine) and Mexico. If that were not enough, consumers have also grown to expect (and demand) full transparency of the entire shipping process, down to the item level.

Supply Chain Disruption 78

Supply Chain Disruption Agile and Lean Supply Chain Purchasing Skills Supply Chain Software 78

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory. Canada or Mexico.

Predictive Analytics Software 52

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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.

Manufacturing Procurement 52

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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.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

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.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

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 The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

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.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

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.

Real-time Visibility 90

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 90

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 Shipping. COVID-19 Impact on Procurement. A Case in Point: Apple.

Manufacturing Procurement 59

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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.”. The reality that U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Supply Chain Game Changer

JUNE 25, 2020

Supermarket chains can’t keep their shelves stocked while retailers have warehouses full of unsold inventory. With less transportation capacity, carriers are forced to hike shipping costs, and airfreight rates from China to Europe were already up 253% YOY in April. The companies that are suffering most are those that lack choices.

Supply Chain Software 54

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software 54

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.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Gravity Supply Chain

MAY 20, 2022

Spire provides real-time information and analytics based on global maritime automatic identification system (AIS) technology—Spire’s constellation of small satellites captures the courses and current status of container ships across the globe. In 1956, manually loading a ship cost $5.86 A world transformed.

Supply Chain Planning Software 52

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EMERGE App

JULY 16, 2018

When you’re in the e-commerce industry or entrepreneurship space, buzzwords like “drop shipping” and “Amazon FBA” just roll off your tongue. Here, I’ll cover private label products first and how you should go about sourcing for suppliers. Pro Tip #2: Source Your Product Sensibly. Introduction.

Manufacturing Procurement 71

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RFgen

AUGUST 12, 2020

Recognizing a need to improve the efficiency of its global supply chain, Nestle built a storage and shipment facility in Vietnam near its top coffee bean producers. When capturing inventory data from multiple sites to a central ERP, the need for real-time data exchange to and from those locations should be the goal.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

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.

Purchasing Skills 130

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RFgen

AUGUST 12, 2020

Recognizing a need to improve the efficiency of its global supply chain, Nestle built a storage and shipment facility in Vietnam near its top coffee bean producers. When capturing inventory data from multiple sites to a central ERP, the need for real-time data exchange to and from those locations should be the goal.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. We’ve got a great guide on sourcing products from China , for example.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. We’ve got a great guide on sourcing products from China , for example.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Inventory and Capacity Buffers. Whether in the form of underutilised production facilities or inventory in excess of safety stock requirements. Multi-Sourcing.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

The enforcements of draconian lockdowns, various economies have experienced severe shocks, adversely affecting global trade, global tourism & travel, International Aviation and Airports as well as International Shipping and Ports. Arising from the pandemic is risk diversification i.e. reducing sourcing risks from China.

Supply Chain Disruption 41

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 41

Jaggaer

APRIL 14, 2020

Goods will be arriving in ships but many of them will have nowhere to go so long as many retail outlets are shut, We will see how well the logistics industry copes in a few weeks’ time, but companies such as Maersk remain confident. To further reduce costs, many buyers rely on just one supplier for certain categories of spend.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

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.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Optimal Sourcing 52

ToolsGroup

AUGUST 12, 2022

Using shop-by-store features to check inventory availability before going to make purchases in-store. Buying products in-store, then having them shipped to their homes. Inventory Visibility. Today’s retailers are embracing inventory visibility to streamline omnichannel operations. Buy online and return in-store (BORIS).

Omnichannel 156

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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.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

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.

Supply Chain Network Software 40

Supply Chain Network Software Network Optimization Supply Chain Planning Software Supply Chain Software 40

CH Robinson Transportfolio

NOVEMBER 13, 2018

In a typical year, shipping by air and ocean follows a fairly predictable pattern of peak and slow times. Many shippers in this lane have ramped up their shipping early, while others are choosing to pay higher spot market rates in their preferred shipping times or waiting to see what will happen next.

Shipping 34

Shipping Manufacturing Procurement China Optimal Sourcing 34

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Source Sensibly and Sustainably. South-East Asian nations such as Malaysia, Vietnam, and the Philippines are ready with substitutes or alternative suppliers. Value Your Inventory.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

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. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. In early 2013, Belk launched a vendor-direct program.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

EMERGE App

JANUARY 8, 2019

Leave order, purchase and inventory management to EMERGE App. Thankfully, these lend themselves perfectly for generic bedding ware that you can source from countries such as China, Vietnam, and Bangladesh. Plus, they’re easy to store, pack and ship. For wholesalers, string lights are easily sourced from China.

Trends 40

Trends Inventory Management Software Forecasting Software Modeling Software 40

Supply Chain Matters

JANUARY 19, 2024

The Supply Chain Matters blog provides our readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas 2023 holiday, Supply Chain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption. East Coast.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52

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 other is the related increased terrorist attacks on global wide shipping occurring in the Red Sea region that is ongoing.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

NC State SCRC

SEPTEMBER 29, 2019

While many people think there are “free trade” for agreements like NAFTA that make it easy to ship across borders, think again! FTZ’s allow product to be imported and stored in a large DC, with yet to be custom cleared inventory sitting there. It all depends.

Negotiating Skills 45

Negotiating Skills Global Optimal Sourcing Modeling 45

NC State SCRC

JUNE 22, 2023

The volumes shipped by VF are incredible. Do we have a crystal ball, and a system to produce a dashboard of every unit crossing a border where we pay a duty, and how much we are paying different countries like Japan, Malaysia, Vietnam or any of the hundreds of different countries we do business in today with suppliers or distributors?

Global 40

Global Price Reduction Inventory Reduction Cambodia 40

Ware2Go

OCTOBER 14, 2021

One measure of this is the daily tally of container ships idling outside the congested ports of Los Angeles and Long Beach — the entry point for about 40 per cent of goods imported into the US. Nike has warned of inventory shortages and Costco is having trouble keeping enough toilet rolls in stock. Where’s it all going to go?”.

Los Angeles 52

Los Angeles Long Beach Supply Chain Design Software Gartner 52