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The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Approximately 40% of U.S. More than 50% of U.S.
Even prior to early April, a casual observer of todays ever-changing geopolitical landscape might have concluded that global supplychains are shrinking and that business collaboration is waning. Enlightened business leaders know, however, that global supplychains remain important. Computer chips are made in Taiwan.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective. The reason? I don’t think so.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturingsupplies, causing widespread disruption to supplychains across the country. . 2022) Source.
Today, we published The SupplyChains to Admire for 2023. Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters.
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for SupplyChains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and SupplyChain Management Society. Alternatively, you may want to relocate – totally or in part – where your product is manufactured.
The Current Landscape “Manufacturing pessimism has spiked dramatically in April as industrial producers deal with changing tariff plans and try to assess how global trade policy will impact their costs and operations in the coming months.” The landscape is rather brighter in the emerging manufacturing superpowers.
Global based contract manufacturing services provider Foxconn announced this week the availability of an Advanced AI based large language model aimed at improving manufacturing and supplychain management services. All rights reserved. All rights reserved.
The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. What to do?
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supplychain. In the intricate web of modern supplychain management, efficiency often guides decision-making. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
SupplyChain Matters provides readers with December 2024, Q4-2024 , and year-end global supplychain assessments as reported by various global wide PMI reporting. At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. value in November.
The SupplyChain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. slipping 2.3
These complex chips, made with valuable minerals, are key to so many supplychains that any disruption can have devastating ripple effects, including on personal livelihoods and national security. Major geopolitical tensions as well as environmental and forced-labor issues are putting strains on global production and supply of chips.
Learn the best practices for supplychain risk management in 2024 from Resilinc, the gold standard for supplychain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
I take supplychain seriously. I believe that better supplychain practices can save the world, and I think that it makes a difference in warfare and welfare. Today, when I talk about building the end-to-end value chain, people will look at me strangely and say “That is not supplychain.
Taiwan-based tech company Foxconn has acquired the Fairbanks Logistics Park, an industrial property situated on 100 acres in northwest Houston. is based in Taiwan and manufactures electronics for companies such as Apple,” the Greater Houston Partnership said in its New Business Announcements: Q1 2025. Foxconn Corp.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
Discover the top geopolitical risks set to affect the global supplychain this year. In 2023—if it wasn’t already—geopolitics became top of mind for every procurement professional. In fact, geopolitics is one of the top five supplychain megatrends this year, which we cover in our highly-anticipated annual report.
Rethinking supplychains is a reader-supported publication. 🙏 Retailers Tractor Supply Q1 ending March 29. Reported April 24 Over 60% of our business is from products that are manufactured, bagged, assembled or grown in the United States and only 12% of our business is direct imports.
This week, the company announced a reversal in manufacturing and supplychain 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. Timing was a further crucial factor.
The impact of tariffs on supplychains is no longer abstract. From the new tariffs impact on supplychains to newer policy shifts between the U.S., Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. How Do Tariffs Affect SupplyChains?
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. That’s the concept, anyways! Where do these TCO Models break down?
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Baby Formula! I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The False Confidence in Historic SupplyChain Design. Subscribe Here! Email Address.
Subscribe to SupplyChain Game Changer. The Disintermediation of the SupplyChain! For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Geographic Sourcing History. Subscribe Here! Email Address.
The recent weaponization of pagers and radios in Lebanon serves as a powerful wake-up call to CEOs and governments worldwide; businesses must improve supplychain visibility now. What does this mean for the future of supplychain risk management? Who Manufactured the Pagers and Radios?
Truly resilient supplychains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supplychain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. Recent SupplyChain Disruptions.
The newest additions to the list will impact industries sourcing critical minerals, cotton, and polysilicon used in solar modules from the Xinjiang Uyghur Autonomous Region (XUAR) of China. Engage Alternative Sources : Identify and secure new suppliers outside of high-risk regions or entities. billion USD.
China Tech Fight Widens After Taiwan Blacklists Huawei More from this author Subscribe to our Daily Newsletter! Featured Product Popular Stories Report From DPW: What’s Next for AI in SupplyChain? Timely, incisive articles delivered directly to your inbox.
The Ferrari Consulting and Research Group via its affiliated SupplyChain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supplychains published at the beginning of 2022. Economic Outlook Significantly Changed. Economic Outlook Significantly Changed. inflation rate to be 9.2
Pushing the SupplyChain Reset Button by Lora Cecere , Founder, SupplyChain Insights SupplyChain Leaders Can’t Afford to Guess About the Future The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.
The next big disaster of 2013 could be the Category 5 Typhoon Usagi that is set to hit Taiwan, Hong Kong and China Mainland this Sunday. Don’t be surprised if there are supplychain disruptions. It’s a bit old fashioned, but it’s better to at least fill some orders during a disruption vs. none at all.
Developing supplychain risk mitigation strategy can be a time consuming task. Knowing supplychain risks affect a firm’s capability to make supply meet demand, what should a firm do to mitigate these risks? To tackle risks timely, we invite experts to explain what strategy really works. can help, but it is costly.
We are pleased to continue our 2021 fire-side chat series with key people in the supplychain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global SupplyChain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.
Lean thinking has promoted a period where manufacturing leaders have continuously improved operations, focusing on this objective. Now, automotive supplychain managers across the industry must adapt to the new normal and “get in line” or miss out entirely. . How Scarcity is Changing the Automotive SupplyChain .
SupplyChain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supplychain activity indices. In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supplychain production momentum.
SupplyChain Matters provides readers with a further installment in our global supplychain assessment series, specifically in providing highlights on reported July 2024 global wide PMI activity levels. The latest data reinforces indications of a global manufacturing slowdown. The July reading of 49.7
COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise. Labour lacking skills in high-tech manufacturing.
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Supplychain professionals are certainly acquainted with risks and risk-taking; however, their principal concern is managing risks. ” However, not everyone appreciates the risks an organization’s supplychain faces. SupplyChain Risks Internal Risks • Production Control Risks.
SupplyChain 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 Levels. Global manufacturing activity as reported by the J.P.
SupplyChain Matters provides readers and clients with a further installment in our global supplychain assessment series in providing highlights on reported June and Q2- 2024 global PMI activity levels. Global Manufacturing Output Global-wide manufacturing levels as depicted by the J.P. The June reading 58.3
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