Remove Inventory Remove Shipping Remove Taiwan
article thumbnail

Global Supply Chains in Flux as U.S. Tariffs on Canada, Mexico, and China Take Effect

Logistics Viewpoints

Businesses are responding with production shifts, supply chain diversification, inventory stockpiling, and trade route adjustments in efforts to lessen the financial burden and avoid long-term instability. Exploring alternative shipping routes via Gulf Coast ports to bypass land border congestion. and other non-tariffed regions.

Mexico 224
article thumbnail

Innovative Approaches to Supply Chain Risk

Kinaxis

A major earthquake in Taiwan. We have a problem.” The alternate source uses the same supplier in Taiwan. Efficiency programs like lean drove us to reduce suppliers and cut inventory. Mitigating Risk – inventory tracking and dual sourcing are considered to be the most effective risk mitigation strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Tariffs Disrupt Supply Chains: A Closer Look at Strategy, Inventory, and Resilience

RFgen

Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. For global businesses relying on real-time logistics and lean inventory models, the question is how prepared is your supply chain when tariffs hit? A German auto parts supplier that once shipped directly to U.S.

article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories. What can be done?

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Material Handling & Logistics ).

article thumbnail

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Many companies buy forward inventory ahead of tariffs being implemented. For instance, law firms and consultants in the U.S.

article thumbnail

Chinese New Year Shutdown 2020: How to Prepare

ShipBob

For those of us who rely on shipping and manufacturing businesses, the Chinese New Year shutdown is an event that we need to be aware of (and prepared for) in advance to avoid delays that could be catastrophic to our businesses. Shipping delays. Increase inventory. Chinese New Year 2019: How will it affect my business?

How To 136