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Supply Chain Matters Editorial Commentary- Notions of Rethinking Global Supply Sourcing Strategies

Supply Chain Matters

In this Supply Chain Matters editorial commentary we address the dichotomy of revisiting supply chain strategic sourcing strategies in the wake of a rapidly changing l landscape of challenges. Strategic Sourcing Shifts Away from China. Basis of Materials Strategic Sourcing. Background.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

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,

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How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers. Many businesses in the US, and elsewhere, were sourcing their componentry from China. How can businesses create the supply chain of the future?

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

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Driving domestic production of critical materials and rare earth elements

Resilinc

Not only are these minerals necessary for a wide range of products and industrial processes, they are also essential for a transition to low-carbon energy sources (along with rare earth elements). manufacturers decided to source REEs from foreign countries. On March 31, President Biden ordered the U.S. Warning that the U.S.

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Regionalize for resilience

Resilinc

While supply chains are starting to stabilize, Resilinc hopes the pandemic’s lessons will lead procurement and supply chain managers to shift to more regionalized sourcing models. and global OEMs have optimized and globalized sourcing and procurement to reduce labor and other input costs. does not produce.

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Hollywood’s Top 10 Supply Chain Disaster Movies

Resilinc

Extreme weather like this would damage manufacturing and transportation infrastructure in the U.S. Deep Impact (1998) In Deep Impact , a comet strikes the earth, creating a mega-tsunami that devastates the Atlantic coasts of North America, South America, Europe, and Africa. and key regions worldwide.