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Shorter Supply Chains are Upending Globalization Patterns

Enterra Insights

Vietnam and India are two countries that have benefited from such decisions. She explains, “Since there’s not much supply chain managers can do about these circumstances, there is another way to address the uncertainty besides more inventory: Shorten our supply chains.” According to supply chain journalist Robert J.

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

Logistics Viewpoints

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. In Asia, Vietnam and Bangladesh are more important sourcing locations. There will be one view of inventory across the entire distributed network.”. Conclusion.

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New Balance’s Added U.S. Manufacturing Presence

Supply Chain Matters

Just shy of three years ago, athletic and leisure footwear manufacturer New Balance announced plans to build the company’s sixth footwear factory within the United States. This manufacturer had boasted that it is the only major company to make or assemble more millions of pairs of athletic footwear per year in the United States.

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Added Headwinds for Global PMI Production Indices in June and Q2 2022

Supply Chain Matters

United States. Indices reflecting manufacturing across the United States were subdued as well. The S&P Global Vietnam Manufacturing PMI® posted a value of 54 in June, compared to a value of 51.7 Select Regional Highlights. The S&P Global US Manufacturing PMI™ fell to a two-year low 52.7 reported for March.

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Don’t Procrastinate This Holiday Season

BlueYonder

And did we mention that many retailers are scrambling since factories in Vietnam are shut down or operating at very limited capacity due to COVID outbreaks. Let’s start with inventory issues. Many retailers who rely on merchandise produced in Vietnam are re-evaluating what they can get to showrooms in time for fall and winter.

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Five-Year Study Showcases the Benefits of US Foreign-Trade Zones

QAD

Duty reduction and duty exemption are the primary reasons companies engage in the FTZ program FTZs present many benefits to companies operating in the United States. Importing a vacuum motor from Vietnam would incur a 5.3% Key Findings From the US FTZ Program Study 1. Duty reduction takes advantage of inverted tariffs.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

Optimism is reflected in United States , Eurozone and select Asia data and the traditional Lunar New Year holiday period does not appear to have dampened Asia based production levels for February. Indices reflecting manufacturing across the United States were generally positive. Federal Bank of New York.