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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Why SMEs May Lead a Shift Away from China Sourcing

Logistics Bureau

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Heading the list of alternative manufacturing hubs are Vietnam, India, Thailand, and Mexico.

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Former Teva Pharmaceutical Procurement Leader Joins Synovos

Synovos

3, 2019 – Thomas Cummins, former Global Head of Manufacturing Goods and Services Procurement for Teva Pharmaceuticals, has been named Senior Direct of Global Procurement for Synovos, the leading independent integrated supply chain management company in North America. His team works with suppliers in developing sourcing strategies that leverage the company’s $500 million spend and that are managed by the Central Procurement and Operations teams. RADNOR, Pa. –

Procurement’s Role in Managing the Tariff War

NC State SCRC

Forward looking procurement organizations need to begin to take the time to think through how they are going to deal with these issues. Then think about domestic sources within the NAFTA region of Canada and Mexico, and whether you will be able to shift supply to these locations, even though at face value product prices may be higher. Particularly in the electronics sector, a huge amount of contract manufacturing takes place in China.

Outsourcing: The Good, the Bad, and the Ugly – Lessons from Nortel Networks

NC State SCRC

Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. You didn’t have to add designers, and they leveraged the fact that they designed phones for other people, could do it quicker, and would leverage that, and would get their money back through manufacturing in a low cost environment. At the time – it was all in Taiwan, and over time it was moved more to manufacturing locations in China.

Confessions of a High Priced Expediter!

Supply Chain Game Changer

The manufacturing lines were up and running and we were meeting our customer commitments again. This time the disaster was in Mexico. The spreadsheet format I developed to track the status of each part was critical because it became the document of record and the single source of the truth. The local buyers at each manufacturing location had the real day to day insight as to what was going on but they didn’t have the supplier contacts to resolve their issues.

Supply Chain Management:Lubrication Management - An Integral.

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. There was an incident where Alaska Airlines (flight 261) flying from Mexico to Seattle airport plunged into the Pacific Ocean. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries.

Portrait of a Steel Town: Where Others Fear a Trade War, Coatesville Sees Hope

Supply Chain Brain

The only steel left standing after the World Trade Center fell — a wall of forked “trident” columns — was manufactured here. steel imports, and last week, the president ended a temporary exemption from the tariff for the European Union, Canada and Mexico — three close American allies that together account for 40 percent of imports. Canada, Europe and Mexico have announced retaliatory levies.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. According to the press release: Transplace leverages the CombineNet ASAP® advanced e-sourcing technology as part of its expert solutions, helping customers develop and optimize their carrier strategy for procurement events involving truckload, less-than-truckload (LTL), and intermodal needs. Mexico trade.

Mexico 100

Guest Post from Tim Barnes: Navigating Trump’s 35% import tax, and how US companies can utilize “Parallel Manufacturing” to grow globally

NC State SCRC

One key topic of discussion has, of course, been US trade and bringing jobs back, the reversal of Carriers decision to move a manufacturing plant to Mexico, and proposed tax, or ‘border adjustments’ as they are often called, for US companies that have ranged from 35% to 45% (Trump has quoted both rates historically) to import foreign manufactured products. ship directly from Mexico to Japan for those Japanese customers).

Trade War: Can Tensions Between the U.S. and China Lead to Changes in the Global Supply Chain?

BluJay Solutions

Higher manufacturing costs due to aluminum and steel tariffs have already impacted American companies, such as Deere & Co, forcing changes to their supply chain. farmers are not expected to offset the downturn in equipment purchases hitting manufacturers. ” China has established the infrastructure and labor expertise to appeal to a vast majority of industries ranging from simple manufacturing to a trusted source for high-end and high-tech products.

India 60

Three Ways to Ensure Resilient Supply Chains

Arena Solutions

While thinking about these types of supply chain disruptions may be new to most people, it is something that executives, product teams, and manufacturing organizations have worried about for decades. In our global economy, it has become extremely difficult for manufacturing companies to gain the necessary visibility into their supply chain partners’ ecosystems. Be prepared by answering these questions: Will your contract manufacturers be ready?

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. That might mean diverting from Los Angeles/Long Beach to Canada or Mexico.

Global 216

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

We may want to review their manufacturing facilities and perform some sort of quick assessment (for example, explore their process capability and yield of the product and how they handle returned parts). The financial supply chain presents an opportunity to deliver beyond process efficiency and cost savings by allowing companies to tap into new sources of revenue and profit streams. How many suppliers providing services to your company are not vetted by procurement/IT?

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. John Moss @EnglishBlinds John Moss is the CEO of English Blinds , the manufacturers of bespoke window blinds and shades. And not just in Mexico.

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. But these measures are not sufficient to replace China, the world´s manufacturing powerhouse or the purchasing power of the world’s biggest economy. Some of this data includes taking feeds from the Centers for Disease Control and Prevention (CDC) in real-time and mapping manufacturing and logistics sites to model responses to get more accurate predicated arrival times of supplies.

The end of just-in-time?

EFT

The story goes that when Eiji Toyoda, CEO of Toyota, visited American car manufacturers in the 1950s, he was not impressed. This was the start of the famous process of Just-In-Time (JIT) manufacturing, or lean manufacturing as it later became known. This is why JIT became the dominant mode for manufacturers of not just cars but a huge range of items, from electronics to fast fashion.

Global Volatility & AI: How It Will Affect Your Supply Chain

Material Handling and Logistics

For procurement, uncertainty meets technology, most notably artificial intelligence, this year. Geopolitical and market events promise to make 2019 a challenging year for supply chain and procurement teams, one full of both increased risks and opportunity. Managing geopolitical risk has always been a part of procurement and supply management’s job, but as new sources of supply volatility emerge and the threat of tariff escalations increase, managing these risks has become critical.

Supply Chain Impact of Hurricane Harvey Could Be Worse than Expected

Material Handling & Logistics

First, Hurricane Harvey, which formed on August 24 as a Tropical Storm in the Gulf of Mexico, soon strengthened into a massive Category 4 Hurricane and stalled over a commercially vital region of Texas, dumping record levels of rain, as much as 52 inches in some regions, causing widespread and extensive flooding in the Houston and surrounding low-lying areas. Every product used or manufactured today relies in some way on these chemicals and chemical intermediates.

Texas 78

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. manufacturing facility in 2014.

Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. Meanwhile, salespeople for suppliers were trying to work around procurement. Flex is the biggest company you’ve never heard of— with over 120 factories worldwide, they are contract manufacturers to companies like Nike, GE, Intel, and Apple.

Day 3: Lenovo Goes About Creating the End to End Transparent Supply Chain

NC State SCRC

So procurement will buy ahead, and work with suppliers to understand the situation in the market, and that may drive up inventory in one sector. At Lenovo, manufacturing is considered a competitive advantage. We realized it wasn’t working, because the procurement and IT guys in PC’s looked at it differently then the server guys, and it was too fragmented. Elementum is constructed as a series of apps, including the modules of inventory, transport, manufacturing, and source.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

At Flex, Tom had a scope that included the entire end to end supply chain: procurement, transportation, warehouse management, as well as customer order fulfillment, customer service, procure to pay, and trade relationships. A post-global world is actually good for supply chains, as it drives proximity of resources closer to customers and suppliers, as organizations seek to manufacture locally.

Dealing with Risk, Uncertainty and Tariffs: What the Recent Tariff Delay Means for Retailers

Supply Chain Nation

Those who source a significant portion of their goods from China. Also, those retailers who have not already diversified their sourcing options, as some of the major players have, will have little time to do that before the new tariffs kick in, putting them at a distinct disadvantage. negotiating lower costs from Chinese manufacturers where they have leverage. finding alternate sources for goods outside of China. While near-shoring to Mexico, Canada or the U.S.

Letter from the CEO: Market Update March 26, 2020

Transplace

Trucks are sourced, loaded, dispatched and then cannot find a retail delivery appointment for days beyond the scheduled pickup date. Inventory and manufacturing flexibility are a key component to serving this market. Mexico and Cross-border. Schools and universities are closed until April 20 and more companies in Mexico are asking employees to work from home. Original Equipment Manufacturers (OEMs) in Mexico will shut down operations.

Dealing with Risk, Uncertainty and Tariffs: What the Recent Tariff Delay Means for Retailers

Supply Chain Nation

Those who source a significant portion of their goods from China. Also, those retailers who have not already diversified their sourcing options, as some of the major players have, will have little time to do that before the new tariffs kick in, putting them at a distinct disadvantage. negotiating lower costs from Chinese manufacturers where they have leverage. finding alternate sources for goods outside of China. While near-shoring to Mexico, Canada or the U.S.

China-US Trade War and its Effects on US Distributors

EazyStock

How did it come about, and how will it affect American manufacturers and distributors? The US’s enormous trade deficit with China, where the US imported $375 bn worth of goods from China than it exported, has resulted in a cutback of US manufacturing. Labor costs are cheaper in China than in the US and result in many US companies sourcing goods from China. For small- and mid-sized distributors that source from China, the coming months are going to be rocky.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Source: Evan, Flikr. “I SophiaTX Open Source Platform to Integrate SAP, Blockchain. Mexico and Canada are heading into 2018 with no clear plan for saving the North American Free Trade Agreement,” states a Bloomberg article published on December 15. If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response?