Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

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Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Supply Chain Matters

DECEMBER 5, 2022

The Supply Chain Matters blog updates readers on added developments which now indicate that consumer electronics icon Apple is accelerating actions to source the company’s hardware component and assembly production to other countries. Background. Challenges have always surrounded the company’s reliance on China.

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Supply Chain Matters

JANUARY 6, 2023

Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® which began 2022 at an expansion value of 54.2, Morgan Manufacturing PMI® which began 2022 at an expansion value of 54.2, Sources; S&P Global and ISM, 2022. has fallen 5.6 has fallen 5.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Taiwan 52

Resilinc

MARCH 12, 2024

In 2023—if it wasn’t already—geopolitics became top of mind for every procurement professional. This year, managers and procurement professionals must stay incredibly diligent when it comes to the latest news. Graphite is crucial to electric vehicles and semiconductor manufacturing. What would happen if China invaded Taiwan ?

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Russia Supply Chain Software Taiwan 100

Supply Chain Matters

SEPTEMBER 3, 2022

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The bottom three were listed as Poland , Taiwan and Myanmar. Global Wide Production Activity. United States.

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Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. However the continuity of supply issues caused by the pandemic has created a call to repatriate much of this manufacturing into domestic, albeit higher cost, regions. What is the appropriate sourcing strategy going forward?

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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. Picture this: a critical part of your product is only made in one factory in Taiwan. This is very possible, considering 60% of the world’s semiconductors are made in Taiwan.

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Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Supply Chain Matters

NOVEMBER 4, 2022

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe.

Manufacturing Procurement 52

Manufacturing Procurement Report Global Manufacturing 52

Supply Chain Matters

SEPTEMBER 6, 2023

The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

OCTOBER 4, 2022

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

Cost Reduction Strategies 245

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Supply Chain Matters

MARCH 7, 2023

The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh. billion in population will be the linchpin of an alternative sourced Asian supply network. One example indicated was that U.S.

Sourcing Strategies 52

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Procurement Academy

MARCH 2, 2023

Ewellix, part of the Schaeffler Group, is the leading global manufacturer and supplier of linear motion solutions, which incorporate state-of-the-art designs, components, and digital technology. The results Ewellix launched the training to their procurement and supply chain team in early November 2022 and have already seen results.

Case Study 52

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Supply Chain Matters

JULY 19, 2023

Unemployment levels among the country’s youth within ages ranging from 16 to 24 reportedly exceed 20 percent while at the same time, manufacturers reportedly indicate that they cannot find adequate workers. Generally muted global product demand levels and inventory overhang have not helped to spur growth of the country’s manufacturing sector.

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China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 3, 2023

The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. The two special regions of concern are the Eurozone and Taiwan. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. declined 0.7

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. based manufacturers will still need a strong supply base from friendly countries.

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Supply Chain Matters

OCTOBER 6, 2023

With the closing of the third quarter, the numbers once again signal added contraction in global manufacturing output as product demand levels weaken. The three specific regions of concern remain the Eurozone, United Kingdom, along with Taiwan. This index has now remained below the 50.0

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

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Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. Car manufacturers were experiencing a shortage of the computer chips which are now an extensive part of the makeup of any vehicle. Most of the semiconductor fabrication is now conducted in Taiwan and China, not the United States.

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Supply Chain Matters

DECEMBER 4, 2023

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Enterra Insights

SEPTEMBER 16, 2022

In his first week in office, President Biden signed Executive Order 14005, Ensuring the Future is Made in America by All of America’s Workers, launching a whole-of-government initiative to strengthen the use of federal procurement to support American manufacturing.”[1] Procurement must also be considered.

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Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain 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. Pivot Toward Internal Manufacturing Presence.

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Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

NOVEMBER 17, 2022

In this Supply Chain Matters posting, we highlight a rather significant reports indicating that Apple is considering sourcing of the chip fabrication of its advanced design semiconductor processers within the U.S. within a period of two years, and the industry implications from such a move. . Background. based fabrication facility.

United States 52

United States Manufacturing Procurement Security Taiwan 52

Supply Chain Matters

APRIL 6, 2022

The Supply Chain Matters blog highlights March and Q1-2022 global manufacturing and supply chain indices, with the data indicating added headwinds and challenges in the months to come. Source: JP Morgan and S&P Global, March 2022. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. United States.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Supply Chain Matters

JUNE 5, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The May report indicated that the global wide PMI has now been below the neutral 50 mark for nine consecutive months, and again an indication of manufacturing recession conditions. That could signal even more added inventory exposures.

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Resilinc

JANUARY 31, 2023

Resilinc’s customers use the service to plan purchasing strategies, identify cost arbitrage opportunities, leverage pricing negotiations, and gain competitive advantages. 1 Manufacturing Disruptions The biggest news in CommodityWatch AI ’s 2022 data is that Higher Consumption played a much smaller role in 2022 than it did in 2021.

Negotiating Skills 62

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Resilinc

SEPTEMBER 27, 2022

Peter Guinto capped his 12-year Air Force career in procurement by serving on the federal COVID supply chain task force and becoming head of contracting for the Medium-altitude UAS Division—the unit responsible for keeping the United States’ edge in warfighting drones. In just two or three years—at the end of the George W.

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84

Logistics Bureau

JULY 26, 2021

Whether to relocate supply or manufacturing from China to another low-cost country or switch to a near-shoring or re-shoring strategy is not a decision to take lightly. Nike: The world-famous sportswear brand has been moving manufacturing from China to some African and Southeast Asian countries.

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China Manufacturing Procurement Cost Reduction Strategies Resource Reduction 98

Resilinc

NOVEMBER 29, 2021

The disruption has cut off a major trade route for Canada’s exports of minerals, wood fiber, food products, and other products to Asia, and it has created a supply chain nightmare for Canadian manufacturers. “We The vulnerability of these three regions highlights the complexity of factoring climate change into sourcing decisions.

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Supply Chain Design Software Manufacturing Procurement Sourcing Strategies Supply Chain Design 62

Supply Chain Matters

JUNE 27, 2023

Electric truck start-up designer Lordstown Motors has filed for bankruptcy and is reportedly suing contract manufacturer Foxconn Technology over a prior equity and services arrangement. million square foot auto production facility in Lordstown, Ohio to Foxconn , for the sum of $230 million. Stay tuned. All rights reserved.

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Supply Chain Matters

AUGUST 9, 2022

based high tech, and other related industry supply and manufacturing networks. based semiconductor research, development, manufacturing, and workforce development. That includes $39 billion in manufacturing incentives, $13.2 based chip manufacturing facilities in addition to two major facilities in the state of Texas.

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Supply Chain Matters

AUGUST 11, 2023

TSMC to Construct its First European Chip Fabrication Facility Industry leader Taiwan Semiconductor Manufacturing Company’s (TSMC) announced this week that the Taiwan based producer will construct its first European based chip facility that will be located in Germany.

Supply Chain Planning Software 52

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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. In June, Taiwan based GlobalWafers Co. The Latest Developments.

Supply Chain Network Software 52

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Supply Chain Matters

DECEMBER 7, 2022

Supply Chain Matters highlights added information regarding Taiwan Semiconductor Manufacturing Company’s (TSMC) expanded presence and investment in U.S. based semiconductor manufacturing. The implications of this potential sourcing move were obviously significant from an overall industry and U.S. Background.

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Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.

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