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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Imagine a critical part of your product is only made in one factory in Taiwan. This is very possible, considering 60% of the world’s semiconductors are made in Taiwan—and 90% of the world’s highly advanced chips are made by the Taiwanese company TSMC. If something were to happen in Taiwan—like the recent 7.4

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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Japan and Taiwan have earthquakes often, and they both are some of the leading suppliers of microchips. Consumers dealt with skyrocketing prices and unprecedented shortages.

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From Globalization to Glocalization

Enterra Insights

But as the costs of transportation increase, the length of supply lines is beginning to decrease. The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supply chain disruptions. As a result, globalization is beginning to look more like regionalization.”[1]

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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.

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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates? In this age of globalization, using ocean freight to transport goods is increasingly important to emerging brands.

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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Warehousing and Inventory metrics continue to buoy the logistics sector.

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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. Supplier reliability and the bi-directional flow of data at the speed of business improve agility and decreases the issues with having the wrong inventory or aligning transportation inbound logistics with manufacturing scheduling.