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.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 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. In our summary and perspectives reflecting on all of Q3 monthly reporting, we echoed an increased trending toward declining global supply chain production momentum.

Manufacturing Procurement 52

Manufacturing Procurement Report Global Manufacturing 52

Logistics Bureau

APRIL 20, 2020

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.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies China Material Savings 52

Supply Chain Shaman

JUNE 21, 2023

For example, the Gartner Top 25 celebrates the accomplishments of Intel (active with Gartner), but in the analysis in Table 1, Nvidia Corporation and Taiwan Semiconductor (TSMC) clearly outperform Intel in the Semiconductor Industry. The analysis is biased toward large process-based manufacturers in the Gartner network. The reason?

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

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

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

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

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

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

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

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.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

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.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 10, 2023

In this Ferrari Consulting and Research Group Thought Leadership Perspective viewpoint, we highlight added signs of China and global-wide production contraction and the implications of such trending. reflects broader weakness in the entire chain of global manufacturing.” percent this year compared to 5.2 percent in 2022.

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

Supply Chain Matters

JULY 6, 2023

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

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Shaman

JULY 25, 2021

Reversing The Trend. How do we reverse the trend? While the input from sales on market trends is invaluable, sales should never be asked to forecast. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). Few measured projects against improved results.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

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.

Supply Chain Design Software 62

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

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

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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Resilinc

AUGUST 31, 2021

In a recent webinar on the state of risk and trends in supply chains, Resilinc CEO, Bindiya Vakil, and Director of Supply Chain Risk Consulting, Hirra Akhtar, described how aftershocks arising from the pandemic continue to disrupt supplies and logistics, and that these disruptions will continue well into 2022.

Supply Chain Planning Software 62

Supply Chain Planning Software Pharmaceutical Supply Chain Software Modeling 62

Supply Chain Matters

DECEMBER 1, 2022

Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report for November 2022, a composite index produced by J.P. The November S&P Global Eurozone Manufacturing PMI® eased to a value of 47.1

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. Select Regional Highlights.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

NOVEMBER 9, 2022

Supply Chain Matters highlights published reports indicating that leading semiconductor fab and device manufacturer TSMC is eyeing a second fab production presence in the U.S. With semiconductor sourcing capability being viewed as “the new oil” in geo-political trade the dynamics are ever changing. based fabrication facility.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Cost Reduction Strategies Report 52

EMERGE App

DECEMBER 18, 2018

They range from small-batch soap manufacturing to the distribution of sports car parts. It firmly cemented China as the world’s manufacturing hub. The voracious appetite of US consumers for goods — from Apple products to Xmas trees — saw China become the de facto manufacturer of consumer goods.

Distribution 74

Distribution Trends Manufacturing Procurement Vietnam 74

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. It’s been a whirlwind, as manufacturers have been left scratching their heads about what’s going to happen next. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Supply Chain Matters

MAY 30, 2023

Noted in the Feds April 2023 narrative were significant downward contributions from Euro Area delivery times, Euro Area stocks of purchases, and Korean delivery times. The authors further observed that there was a notable upward contribution from Taiwan stocks of purchases. This recent April data reinforce that U.S.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Taiwan New York 52

Supply Chain Matters

SEPTEMBER 1, 2022

Wei, the CEO of Taiwan Semiconductor Manufacturing Company (TSMC) addressing a tech symposium last week, indicated that an endemic shortage of relatively low-cost semiconductor devices, ranging in cost from 50 cents to $10 dollars, continues to dog global automotive manufacturers in their ongoing volume manufacturing needs.

Sourcing Strategies 59

Sourcing Strategies Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

JULY 20, 2022

Our annual predictions advisory began with a summary of prevailing global economic, financial and manufacturing outlooks. Global Supply Chain and Manufacturing Activity. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Economic Outlook Significantly Changed. inflation rate to be 9.2 percent in June.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Supply Chain Matters

SEPTEMBER 17, 2022

The financial market’s response has been immediate and as we pen this blog posting on the mid-morning of September 16, FedEx stock is trending down upwards of 21 percent, billed as the company’s biggest stock drop since 1980. Added Perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Supply Chain Matters

JUNE 3, 2022

Once again the data collectively provides evidence that disruptions remain occurring among industry supply chains, compounded by the manufacturing, logistics and transportation disruptions occurring in China. Global Manufacturing Output Levels Again Decline. This index tends to be weighted more toward large state-owned manufacturers.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

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

QAD

JANUARY 20, 2022

Lean thinking has promoted a period where manufacturing leaders have continuously improved operations, focusing on this objective. OEMs are now bypassing the Tier-1 suppliers that have traditionally handled semiconductor supply and are developing relationships directly with the manufacturers. to jointly manufacture chips.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 94

Supply Chain Matters

AUGUST 8, 2022

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Global Supply Chain Pressure Index. PMI reports for July. Bob Ferrari.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Supply Chain Matters

DECEMBER 14, 2022

In line with prevailing economic forecasting, readers should anticipate continued uncertainty of global markets and the actual likelihood of various regional economic and manufacturing recession conditions in the coming year. Some regions, particularly Europe, China and Taiwan are more exposed to these product demand constrained forces.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

Resilinc

JANUARY 31, 2022

In looking at re/nearshoring trends and sentiments for both the United States and Europe, here’s what we found: Re/nearshoring has been particularly disappointing in Europe. manufacturing facilities. In Europe, FDI in manufacturing declined by 20% in 2020, according to EY. After declining 12.8% in 2021 and 4.1%

Agile and Lean Supply Chain 62

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 62

Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Further announced was an assessment of owned retail operations in the U.S.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Resilinc

JANUARY 25, 2021

The pain wasn’t limited to the United States—according to Automotive News , a spokesperson for the China Association of Automobile Manufacturers forecast a “relatively big hit” for Chinese vehicle production in Q1 2021. Another trend—that took root before the pandemic—compounded the current supply shortages.

Automotive 62

Automotive Manufacturing Procurement Industrial Industry 62

Supply Chain Matters

MARCH 3, 2022

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The IHS Markit Manufacturing PMI™ reported a value of 57.3

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52