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. The report outlines some of the key challenges as follows; A variety of physical and non-physical risks need to be considered including geographic factors (natural disasters, political unrest), supplier quality and labor issues, volatility in pricing, customer demand, shipping, IT security, regulatory changes, etc.

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.

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Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

Like a rocket ship traveling to Mars, a new press release popped into my email each day. The only two successful and transformational public networks were driven by Walmart and Taiwan Semiconductor (TSMC). In the 1980s, I had a flip phone. (On

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Prep Your Supply Chain for Super Typhoon Soudelor

Elementum

Super Typhoon Soudelor is set to hit Taiwan and China tomorrow, with a huge potential for supply chain disruption. Update 8/7/2015, 04:00 PST: Typhoon Soudelor Disrupts Air, Rail Services in Taiwan Air and land transportation services in Taiwan have been halted since Friday, August 7, as Typhoon Soudelor moves closer to the region. Update 8/6/15, 22:38 PST: Typhoon Soudelor Forces Suspension of Ferry Services in Southeast Taiwan.

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital. In this orbit chart, Lenovo lags the competitor group at the intersection of inventory turns and operating margin and struggles to drive improvement. Note that while the company drove improvement in margin, there is underperformance in inventory turns. The AMR Research Top 25 was a rocket ship taking off the launch pad.

How are you dampening the shocks in your supply chain?

Arkieva

Recently, I experienced an earthquake during my trip to Taiwan. While it caused some excitement (and concern) from us visitors, our Taiwanese colleagues shrugged and one of them even made a comment that this was our welcome to Taiwan. In a supply chain context, the shock absorbers can take the following forms: Safety or Buffer Stocks or inventory. Expedited shipping modes such as air shipments. General Topics Inventory Uncategorized

How to sell on Shopee – A complete guide for cross-border sellers

Vinculum

Though with a humble beginning, Shopee has established its presence across most southeast ASEAN countries such as Singapore, Malaysia, Thailand, Vietnam, Indonesia, the Philippines, Taiwan, and Korea. The payment options are rather vast for buyers from the Philippines and Taiwan.

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

NC State SCRC

The ODM’s in Taiwan have a single tech park where they all started. At the time – it was all in Taiwan, and over time it was moved more to manufacturing locations in China. 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.” When they declared chapter 11 – they left Flex with $400M of inventory.

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Higher inventories to avoid tariffs. Peak shipping season will be here soon.

Preparing the Supply Chain for the Hurricane Season

Enterra Insights

this season, an above-average year is anticipated for East Asia that could affect production of consumer electronics sourced from China and Taiwan and more advanced technology products from Japan and nearby regions.”[1] It’s essential that businesses optimize their inventory ahead of hurricanes to mitigate the effects of these factors. Pharmaceutical organizations should also consider shipping temperature-sensitive and perishable goods to alternative, safer locations.”

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Distribution in China takes a detour

Supply Chain Movement

In 2007, the Dutch producer of pushchairs relocated its factory from Taiwan to the free trade zone close to Xiamen in China. That leads to extra inventory and extra costs and hence necessitates a substantial level of turnover in order to be financially feasible. From there the pushchairs are shipped to local DCs in China, Japan and South Korea for crossdocking and transport to retailers.

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The Supply Chain’s Vision Problem

Enterra Insights

Most companies weren’t buying from China or Taiwan or Malaysia like they are today.”[4] Point of sale data tracks exactly how many black shirts in size medium were sold yesterday, then meshes with inventory management technology to generate demand predictions that then prompt production of more (or less). When a shipment of those black shirts in medium gets put on a truck or, even more, a ship, things go dark.

How to Sell on Zalora Step by Step Guide for Beginners

Vinculum

Starting with Malaysia, it has widened its reach to Singapore, Thailand, Brunei, Hong Kong, Philippines, Indonesia, Vietnam, Taiwan, Australia, and New Zealand. It also offers super-fast shipping, free returns, cash-on-delivery, and access to the latest trends of fashion. How is Zalora’s Delivery and Shipping Fees? Sell on Marketplaces Globally Inventory & Order Management Brands Multi-brand Retailers Marketplaces Industry Insights Retailers Zalora

What Kind of Visibility Into Your Supply Chain Do You Really Need, and How Do You Get It?

Oracle SCM

Most companies weren't buying from China or Taiwan or Malaysia like they are today. The supply chain might be producing and shipping irrelevant materials ( i.e. , materials not being demanded by consumers) right along with relevant materials, which means the organization is going to be using its resources poorly. One will say, "Keeping our inventory down." Richard Cushing is principal/consultant for Cushing & Associates.

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.

Seasoned Leadership in Action! An Interview with Leonard Han!

Supply Chain Game Changer

It was with the use of inventory models such as EOQ, Safety Stock, Fixed Lead-time and Demand Forecasting to ensure that Operations is not interrupted. The products were customized and shipped direct to store or consumers from China in what is now known as B2B and B2C models.

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.

Yes, I am a Zealot. I Still Believe. Do You?

Supply Chain Shaman

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. I can find only two good examples of value networks creating value: Taiwan Semiconductor (TSMC) in the semiconductor industry and Performance Based Logistics in Aerospace and Defense. Pyrex bowls they had shipped without packing materials broke in transit.

Justifying Investments in Risk Avoidance

Supply Chain @ MIT

Insurance companies face this issue when selling disruption insurance, or when trying to convince manufacturers to reduce both the likelihood and impact of business interruptions through measures such as increasing inventory levels and developing alternative suppliers. The strategy incurs higher costs in terms of capital expenditures, labor, and inventory, but the payoff is superior service. This supported an extremely lean build-to-order operation with minimal inventory.

Land challenges for Hong Kong's logistics sector

EFT

The National 12th Five-Year Plan specifically calls for strategies and tactics to enhance Hong Kong’s status as an international financial, trading and shipping centre; and also for Hong Kong to develop into a high-value goods inventory management and regional distribution centre (RDC).

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Preparing for Risk…Are You Ready?

Supply Chain Nation

Let’s review a few examples: How will your company redesign its use of plants and current inventory when an earthquake knocks out one of your production facilities in Taiwan? Some companies have to recall EVERYTHING as they do not know where the tainted goods have been shipped. I had the pleasure of listening to Rudy Giuliani speak at JDA FOCUS last week.

What the Rest of the World Can Learn from Shopping Days in China

EMERGE App

Generally, payment is made online for greater convenience, shipping is not charged and products are typically available for pickup within hours. Elsewhere, Japan, South Korea and Taiwan celebrate what is called White Day on 14th March. Introduction.

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Top 10 New Year’s Resolutions for Wholesalers in 2019: Drop Those Bad Habits from 2018

EMERGE App

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Highly developed nations such as South Korea and Taiwan may fill in the technology gap. Historically low shipping rates are slowing creeping back up. For import-export companies, you need to have your operations down pat with sophisticated inventory management software to back you up. Value Your Inventory. Introduction.

Supply Chain Management:Headline for the 2012 Holiday Buying.

Infosys Supply Chain Management

An equally important test as we swing into the 2012 surge will be how online, brick and mortar retailers, along with their respective direct ship suppliers, exercise capabilities in multi-location stocking and fulfillment capability. The most visible incident involved retailer Best Buy , who utilized a strategy of aggressive price promotion and free shipping to lure customers away from Amazon. I find it odd how not very many brick and mortar stores just hold more inventory.