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The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. This includes: Increasing domestic supplychain investments, reducing dependence on cross-border components.
A major earthquake in Taiwan. You have a supplychain risk management strategy in place. We have a problem.” The alternate source uses the same supplier in Taiwan. The problem is most companies are relatively immature when it comes to SupplyChain Risk Management. Then you get the e-mail.
Today, we published The SupplyChains to Admire for 2023. Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. I admit it.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective. The reason?
The lack of clarity and discipline in the methodology gives the industry a false signal to define supplychain excellence. As a result, the top performers of CCL Industries, Clorox, Crocs, Cummins, L Brands, Lululemon, Monster Beverage, Paccar, Toro, and Taiwan Semiconductor never make the list. Does it matter? Yes and No.
The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan.
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for SupplyChains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and SupplyChain Management Society. Many companies buy forward inventory ahead of tariffs being implemented. Buying forward.
The impact of tariffs on supplychains is no longer abstract. From the new tariffs impact on supplychains to newer policy shifts between the U.S., Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. How Do Tariffs Affect SupplyChains?
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
Truly resilient supplychains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supplychain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. Recent SupplyChain Disruptions.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supplychain. In the intricate web of modern supplychain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supplychain management.
Pushing the SupplyChain Reset Button by Lora Cecere , Founder, SupplyChain Insights SupplyChain Leaders Can’t Afford to Guess About the Future The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.
I take supplychain seriously. I believe that better supplychain practices can save the world, and I think that it makes a difference in warfare and welfare. Today, when I talk about building the end-to-end value chain, people will look at me strangely and say “That is not supplychain.
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Baby Formula! A major reason for the extensive damage caused by the breakdown of SupplyChains during the pandemic was because of broad based single points of failure. Subscribe Here! Email Address.
This week, the company announced a reversal in manufacturing and supplychain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer.
SupplyChain Matters provides readers with December 2024, Q4-2024 , and year-end global supplychain assessments as reported by various global wide PMI reporting. Both are key indicators to future supplychain momentum or growth. While activity levels declined slightly from the 56.5 It turned out to be 49.7.
Inside the company, Amazon has used AI tools for inventory placement, customer service and product listings. China Tech Fight Widens After Taiwan Blacklists Huawei More from this author Subscribe to our Daily Newsletter! Featured Product Popular Stories Report From DPW: What’s Next for AI in SupplyChain?
It’s as true for supplychain planning as it is for battle planning. Joe Bellini, Executive Vice President of Product Management & Marketing at One Network, observes, “In supplychain management, we do our best to develop executable plans. Taiwan manufacturers 60% of global semiconductors.
But what steps can you take to a more resilient supplychain during disruptions? If you’re ready to learn more about creating stronger supplychains, read below. As more industries face ransomware attacks, it’s a good idea for any supplychain company to hire cyber experts to prevent disruptions.
The next big disaster of 2013 could be the Category 5 Typhoon Usagi that is set to hit Taiwan, Hong Kong and China Mainland this Sunday. Don’t be surprised if there are supplychain disruptions. It is now equivalent to a category 5 hurricane. I didn’t know this!).
The Ferrari Consulting and Research Group via its affiliated SupplyChain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supplychains published at the beginning of 2022. Economic Outlook Significantly Changed. There is further growing evidence on the U.S.
As we go into the first week of 2023, many are wondering what’s ahead for global commerce and supplychains. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supplychain executives to consider. More importantly, the supplychain isn’t there yet!
Rethinking supplychains is a reader-supported publication. Reported on April 24 For the moment, we have paused certain purchases from China that were destined for the US market, and will rely on our current inventory to meet short-term demand. Today, approximately 15% of our supplychain for the U.S.
Developing supplychain risk mitigation strategy can be a time consuming task. Knowing supplychain risks affect a firm’s capability to make supply meet demand, what should a firm do to mitigate these risks? Clearly, redundancy (extra inventory, more suppliers, etc.) can help, but it is costly.
The SupplyChain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July.
Alex Behrens reports, “ DHL Resilience360 recently released Stormy Weather Ahead: A Global Outlook on the 2019 Season to compile information about the impacts that even small storms can have and discuss the short- and long-term implications of these systems on existing supplychains. And it offers ways to mitigate that risk.
Supplychains across every industry had their ups, downs, and disruptions in 2022. From the Russia-Ukraine war to factory fires to chip shortages , and the continued prevalence of COVID-19 , the year certainly kept organizations and supplychain teams on their toes!
”[2] Those comments beg the question: Is the Just-In-Time (JIT) SupplyChain’s Time Over? Peter Atwater ( @Peter_Atwater ), President of Financial Insyghts and an Adjunct Professor at William & Mary, writes, “The pandemic era is now raising concerns about the just-in-time supplychain model.
magnitude quake struck southern Taiwan early Saturday morning local time, killing at least seven and causing widespread structural damage. Some semiconductor manufacturers in the country have reported damage to their facilities—but how is it going to affect supplychains? A SupplyChain Practice Run.
Super Typhoon Soudelor is set to hit Taiwan and China tomorrow, with a huge potential for supplychain disruption. Update 8/6/15, 22:38 PST: Typhoon Soudelor Forces Suspension of Ferry Services in Southeast Taiwan. Learn what you should expect, and how to best prepare your company’s supplychain.
Interestingly, while rates from China have declined, prices from Taiwan and Vietnam have remained elevatedlikely reflecting importers’ rapid pivot to alternative sourcing markets. Cash Flow Crunch Cash flow is always top of mind for small business, especially importers who have to front payments for their cost of goods. .
Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory! If your business relies on manufacturers in China or the other countries that celebrate the holiday, the Chinese New Year shutdown will probably affect your business — even if the factory is just one step in your supplychain.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Increased near-shoring in Mexico and elsewhere as companies seek shorter supplychains.
Readers of Resilinc’s blog will likely be familiar with Tom Linton, the supplychain veteran, senior McKinsey advisor, member of Resilinc’s executive advisory board, and author (whose most recent book Flow: How the Best SupplyChains Thrive with co-author Rob Handfield is now available).
China Tech Fight Widens After Taiwan Blacklists Huawei More from this author Subscribe to our Daily Newsletter! trade negotiations with China. trade negotiations with China. RELATED CONTENT RELATED VIDEOS Global Trade & Economics Automotive High-Tech/Electronics Industrial Manufacturing Related Articles U.S.,
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. Modern supplychains are full of shocks. Safety or Extra capacity. Extra time.
Rethinking supplychains is a reader-supported publication. Additionally, we're further diversifying our supplychain and on track to reduce our sourcing exposure to China to under 10% this year, with fall and holiday season down to low-single-digits. Another busy week in retail earnings! Adjusting assortments.
Hence the companies Bugaboo and Foss have both faced considerable challenges, as they revealed during the recent ‘SupplyChain Opportunities in China’ seminar in Amsterdam on 24 June 2015. In 2007, the Dutch producer of pushchairs relocated its factory from Taiwan to the free trade zone close to Xiamen in China.
Supplychain has become complicated. Whether for industrial equipment, consumer goods, food products, or digital offerings, supplychains have headaches a-plenty. Whether for industrial equipment, consumer goods, food products, or digital offerings, supplychains have headaches a-plenty. What is blockchain?
As the world economy became increasingly globalized, supplychains also became more global. Materials, components, and products can cross multiple geographies and regions in their journey through the supplychain, due to different tax structures, logistical efficiencies, and labor arbitrage differences.
Cushing has been an invited blogger at conferences sponsored by CFO Magazine and SupplyChain Insights and writes regularly for RKL eSolutions and more. What are the biggest changes to supplychain management in the past 30 to 35 years? How has supplychain visibility changed in the past decade?
SupplyChain Matters highlights two additional indices of global and US supplychain volatility relative to July 2022 global supplychain activity levels. Global SupplyChain Pressure Index. Warehousing and Inventory metrics continue to buoy the logistics sector.
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Semiconductor Fabrication! From chronic global SupplyChain breakdowns during the pandemic through to disruptions caused by outsourcing and single points of failure , sourcing decisions have been exposed as being less than ideal.
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