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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. Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China de-risking sourcing actions.

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Supply Chain Risk Management: Risks of Relocating a Business ‘China to Vietnam’

The Logistics & Supply Chain Management Society

Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. Japan’s Nintendo also pulled out some of the portion of its video game production from China to Vietnam because of the ongoing trade wars.

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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. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. This provides benefits like shorter transportation times and improved inventory efficiency.

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The Top 6 Use Cases for Network Optimization

Logility

Determine the optimal scenario that minimizes total production, freight, inventory costs and meets service requirements. Understand and quantify the viability and benefits of solutions such as pooling, delaying strategies, and 3PL and 4PL offerings. Manufacturing Analysis: Optimize the total landed costs of production decisions.

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Shorter Supply Chains are Upending Globalization Patterns

Enterra Insights

As China’s economy slows, its leaders worry that emerging foreign government and transnational corporate strategies focused on trade with China will make matters worse. ”[2] The bottom line is this: Companies are likely to continue to pursue their de-risking strategies. In many respects, they only have themselves to blame.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico. Our approach to freight procurement would also require a revisit as part of a risk management strategy. A classic case of related diversification versus focused strategy that is taught in business schools.

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

In Asia, Vietnam and Bangladesh are more important sourcing locations. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed.