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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. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

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5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. Companies carrying freight across the U.S.-Mexico

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P. Sources; S&P Global and ISM, 2022.

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Auto Manufacturers Nearshore to Mexico to Shorten Supply Chain

RFgen

Mexico offers a skilled and affordable work force. Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities.

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Auto Manufacturers Nearshore to Mexico to Shorten Supply Chain

RFgen

Mexico offers a skilled and affordable work force. Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities.

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Global PMI Levels Contract in June 2023 with Warning Signs for Q3 Activity

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Global Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of renewed contraction as production conditions worsened by the end of Q2. in May to a value of 57.8

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Understanding Freightonomics with Anthony Smith

The Logistics of Logistics

Before FreightWaves, Anthony received his Bachelor’s and Master’s degree in Economics from New Mexico State University. Anthony’s clients varied from construction, trucking, industrial, software, manufacturing, and retail industries. FreightWaves is made up of three interconnected pillars: FreightWaves’? FreightWaves.