Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. Focus on materials critical to your highest revenue products Procurement and supply chain managers need to adopt a new mindset for building more resilient supply chains.

Supply Chain Risk Management 111

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 111

Jaggaer

JANUARY 22, 2019

and the European Union and examines how procurement organisations can best prepare in the new year. With Brexit looming and the possibility of World Trade Organisation rules coming into effect in UK/EU trade, the European procurement and supply chain markets look unsteady. With it comes a number of other questions.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Negotiating Skills 65

Kinaxis

AUGUST 5, 2014

This key supplier had been identified and sure enough, you have a second source primed and ready to go. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. Your heart sinks as you pick up the phone to call your boss…. Think again.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Freightos

DECEMBER 19, 2023

18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. Live map of Suez Canal and Red Sea, Dec. Diversions announced by these five carriers so far mean that 17% of global volumes will be taking the longer, more expensive and more carbon intensive routes.

Freight 250

Freight Negotiating Skills Yemen 250

QAD

MAY 18, 2023

Those sourcing requirements are scheduled to increase by 10% every year beginning in 2023. The Inflation Reduction Act aims to ensure critical minerals are sourced ethically and sustainably, as well as in a manner that helps stimulate US manufacturing growth.

Price Reduction 92

Price Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Software 92

Supply Chain Matters

NOVEMBER 9, 2022

Citing sources familiar with plans, The Wall Street Journal report ( Paid subscription or metered view ) indicates that the semiconductor producer plans to announce in the coming months the building of a second cutting-edge plant north of Phoenix, Arizona , a presence that the chip maker originally committed to in 2020. has to do so as well.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Cost Reduction Strategies Report 52

Resilinc

MAY 3, 2022

In aerospace, offshore supply chains are already heavily weighted toward allies like Japan and NATO member countries. And the DOD promises to use its procurement and contracting power to “ diversify domestic and allied supply chains to support the on-shoring and ally-shoring of critical supplies.”. As the U.S.

Aerospace 62

Aerospace Security Negotiating Skills Manufacturing Procurement 62

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. It has to become embedded in the processes of sourcing, strategic category management, purchasing, compliance and supplier development.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Logistics Viewpoints

JULY 8, 2022

Nintendo is struggling to break out of a frustrating sales slowdown, selling 33 percent fewer units of Switch game systems in the April-June quarter than a year ago in Japan due to a crippled supply chain. Nintendo is having negotiations on procurement, but the outlook is uncertain.

Negotiating Skills 204

Negotiating Skills Negotiate Pricing Logistics Network Optimization Software Los Angeles 204

Supply Chain Matters

OCTOBER 19, 2022

Supply Chain Matters has provided readers multiple commentaries focused on the shifting forces, both geo-political and industry generated, that are now providing short and longer-term impacts on the sourcing of semiconductor manufacturing and associated networks. sourced design technology for China ’s major chip designers and fabs.

Supply Chain Network Software 52

Supply Chain Network Software Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software 52

LevaData

MARCH 30, 2022

They have been in an ongoing firefighting mode with new shortages occurring every few days; Covid, the Russia-Ukraine crisis, and the recent earthquake in Japan are just a few top-of-mind examples. Diversification of Sources. Now, they have OKRs in place to drive dual sourcing. Timely Visibility of Disruptions & Impacts.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 80

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The above seems to imply, from our lens, the movement toward China Plus sourcing activity.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The situation has exposed to all the extent of the limited sourcing which has become very visible as a single point of failure in all Supply Chains reliant on the supply of computer chips. Subscribe to Supply Chain Game Changer.

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

ThroughPut

MAY 31, 2022

Manufacturing network diversification: The US-China trade war has forced many businesses to consider diversifying their sourcing and manufacturing bases. Diversification can be achieved by working either with additional suppliers, or with existing sole suppliers that can procure from multiple locations.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Logistics Bureau

JULY 26, 2021

Meanwhile, in Japan. Although there is little evidence that the incentive has stimulated re-shoring to any great extent, some 900 Japanese companies have chosen to begin procuring supplies from countries other than China. On the other, it’s unwise to underestimate the costs of switching procurement from one country to another.

China 98

China Manufacturing Procurement Cost Reduction Strategies Resource Reduction 98

ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Image source: Bloomberg.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Resilinc

MAY 4, 2021

political leaders and geopolitical analysts advocate procuring more goods from other democratic countries. There is an enormous opportunity to make America’s supply chains less overseas dependent by sourcing more parts, materials, and products from America’s neighbors. corporations.

Material Savings 62

Material Savings Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 62

The Network Effect

AUGUST 25, 2014

As a result, when tragedy strikes like an earthquake affecting Japan or flooding rains overwhelming Bangkok, automakers and electronics manufacturers are unable to identify which of the suppliers upstream in their value chain may have been impacted.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Design Manufacturing Procurement Supply Chain Strategy 205

Supply Chain Matters

AUGUST 10, 2023

Bloomberg pointed to exports to markets including Australia , Brazil , Japan , Taiwan and South Korea declining by double-digit percentages as well. A further factor are ongoing efforts by manufacturers and retailers in initiating less reliance in termed China Plus materials and production sourcing alternatives.

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

Supply Chain Matters

DECEMBER 4, 2023

On a regional basis, Europe reportedly remained a principal drag on global factory output, along with contracting output in Japan and the United Kingdom. Sustained Contraction in Japan The au Jibun Bank Japan Manufacturing PMI ® report for November was headlined with a sustained contraction in Japan’s manufacturing sector.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

MARCH 21, 2024

Noted in interviews with sources is a realization that facility construction costs are four to five times higher than what they would be Asia. sourced capability. All of the above is likely to be expected given that the U.S. So much so that the level of government subsidies is significant, in the hundreds of billions.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Oregon Buyer Training 52

Supply Chain Matters

SEPTEMBER 8, 2022

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 This provider describes itself as an AI- enabled procurement Cloud platform built for the sourcing of lower-dollar, non-strategic purchases, commonly referred to as “ tail spend.” Fairmarkit Announces $35.6

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. This month, the Economist Intelligence Unit revised its forecast of the overall U.S. inflation rate to be 9.2

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Resilinc

NOVEMBER 15, 2021

And chances are that few in the procurement field have ever given much thought to whether they were sourcing “high-carbon” steel or aluminum. The Journal also reports that Japan, the UK, and Canada have begun exploring carbon tariffs. What’s wrong with “cheap steel”? The EU and U.S.

Purchasing Skills 62

Purchasing Skills Negotiating Skills Procurement Analytics Price Reduction 62

Resilinc

OCTOBER 26, 2021

To research, develop, produce, and distribute its pharmaceuticals, vaccines, and consumer healthcare products, the firm has “a massive global footprint, sourcing ingredients and commodities from all over the world,” said Gupta. Early on in this journey, a strong partnership with his counterpart in procurement was a critical asset.

Pharmaceutical 62

Pharmaceutical Supply Chain Risk Management Risk Management Supply Chain Planning Software 62

AFFLINK

OCTOBER 8, 2020

The Institute for Supply Management reports that companies with diversified sourcing were better positioned to deal with the Asian market supply chain disruptions. Companies with resilient supply chains overall grow more rapidly because they can source products faster when consumer demands changed. Diversify Your Supply Chain Now.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Inventory Reduction 62

Proxima

OCTOBER 12, 2021

Many things are currently making procurement prominent, but not all of them will have a longer-term impact. Procurement does not operate in a business vacuum. “It’s tough to make predictions, especially about the future.” ? Yogi Berra. You are mortal. The lazy route of predicting takes trends visible today and extrapolates.

Negotiate Pricing 59

Negotiate Pricing Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Matters

FEBRUARY 12, 2024

With government trade policies favoring more domestic sourcing of deemed strategic supply networks such as semiconductor devices, there are already indications across the U.S. The Japan based labor union representing production workers at Toyota Motor are reportedly seeking the equivalent of a 7.6 based production facilities.

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

Supply Chain Matters

MARCH 23, 2023

Added Thoughts Both South Korea and Japan are being positioned by evolving U.S, Japan itself is increasing its own investments in lower-tiered semiconductor materials supply capabilities along with fab capabilities. trade policy to be noted as friendly nation trade partners.

South Korea 52

South Korea Supply Chain Design Software Japan Supply Chain Design 52

Supply Chain Matters

FEBRUARY 14, 2024

Further, Japan based shipping line Mitsui OSK Lines indicated a belief that this disruption could extend thru the balance of 2024. These assessments are despite continued joint nation naval and air military efforts to attack and neutralize believed Houthi rebel’s missile, drone, and small ship laden attack sites.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Supply Chain Matters

MARCH 5, 2022

The company’s integration partners include Element Logic , one of Europe ’s intralogistics companies; and Okamura , a Japan based provider of high-quality products and services for offices, education, commercial facilities and distribution centers. JAGGAER Finalizes Added Strategic Partnership.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Supply Chain Matters

MARCH 1, 2022

The Supply Chain Matters blog highlights reports of a cyber-attack incident impacting a supplier to Toyota Motor and resulting in a one-day suspension of the automakers manufacturing operations across Japan.

Japan 40

Japan Ukraine Russia Manufacturing Procurement 40

Supply Chain Matters

JULY 21, 2022

In our prior commentaries related to supply network strategic sourcing, we, along with many others, have noted that the ongoing global-wide shortage of semiconductor devices needed for automotive, high-tech electronics and other industries have been elevated to strategic geo-political policy dimensions. Supply Chain Matters Perspectives.

South Korea 52

South Korea Report Manufacturing Procurement Sourcing Strategies 52

Supply Chain Matters

AUGUST 11, 2023

Likewise, Japan has been addressing added domestic investments in advanced semiconductor materials and components. One prominent area has been that of semiconductor design, fabrication, and assembly needed to support deemed strategic domestic industries and national defense needs. based fabrication capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Material Savings 52

Talking Logistics

SEPTEMBER 1, 2017

LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. As I wrote following the earthquake and tsunami that devastated Japan in March 2011, the reality is that there is relatively little companies can do right now to minimize the impact of these disruptions. Convey Closes $8.25

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Real-time Visibility Manufacturing Procurement 0

Jaggaer

FEBRUARY 12, 2020

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods.

Supply Chain Network Software 88

Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software Global 88