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states, obvious disruptions to supplychains and supplychainriskmanagement were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. A supply plan is needed for the human element, as well.
SupplyChain Disruptions: A Survival Guide. Do you feel supplychainriskmanagement is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supplychain disruptions. 2009: H1N1 Outbreak in Mexico.
That stated, in certain regions such as across Europe and China , the year continues to present economic and manufacturing challenges. Shipping lines again managed to extract added spot rates and surcharges which have impacted business transportation budgets. Global wide manufacturing activity levels as measured by the J.P.
The SupplyChain Matters blog highlights a published report indicating that Mexico is increasingly benefiting from a rethink of prior globally extended supply networks. A huge contributing factor has been T esla’s recent announcement regarding a significant vehicle assembly plant in Monterrey, Mexico.
Supplychain and procurement leaders must now navigate an increasingly complex regulatory environment, balancing cost efficiency with risk mitigation. Its a very dynamic environment, says Jason Clark, Exigers SVP for Manufacturing and Energy, in the webinar Preparing for Tariffs: Steps to Take Now. For instance, a U.S.-based
From Mexico to the U.S., Remember that patent Amazon filed back in November 2013 that envisioned sending 3D manufacturing instructions to a truck equipped with a 3D printer that could manufacture an ordered product while enroute to the customer? Hospitals Wrestle With Shortage of IV Bags, Linked to Hurricane (WSJ – sub.
as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supplychainriskmanagement software is also on the rise.
Many sectors are affected by droughts, including agriculture, energy, water, utilities, and manufacturing. These conditions could potentially impact supplychain logistics and transportation by sea, air, and land. As a result, this could lead to crop failures and affect the availability and pricing of some agricultural products.
Our predictions included that uncertainty in global markets and the likelihood of regional economic and manufacturing recession conditions should be anticipated. By all prevailing accounts entering this year, there remained a fair amount of uncertainties and many potential risks. Global-wide manufacturing levels as depicted in the J.P.
While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supplychains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. There are high risks in depending so heavily on East Asian manufacturers, even if they are close U.S.
The Forced Labor Enforcement Task Force was created to comply with Section 741 of the United States-Mexico-Canada Agreement Implementation Act. Need more transparency in your supplychain? Need more transparency in your supplychain?
At Aptiv, I sat in both the chief procurement and global supplychain officer roles. In those roles, we closely aligned with 3,000 total suppliers globally, constituting about 6,500 individual manufacturing locations. What did the process of building a supplychainriskmanagement program look like?
SupplyChain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supplychain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 The September 2022 J.P.
Not only do they compete with other 3PLs, they also compete with manufacturers, retailers and consulting firms. Many managers in leadership roles leave large 3PLs for better opportunities in other industries. Mexico Rising as Manufacturing and Logistics Hub. SupplyChainRiskManagement.
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
That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. In early April 2022, economists at Goldman Sachs indicated that supplychain resilience was a top-of-mind topic for manufacturers and retailers and observed that three main strategies were being undertaken.
Truck and rail transportation movements across the Mexico and U.S. Targeted supplychain transformational efforts will further need to be extended to address added business process needs. Manufacturing and SupplyChain Activity Levels- Global-wide manufacturing levels as depicted in the J.P.
Among the announcements made at the conference was a $46 million added investment to modernize manufacturing facilities in both Lexington, Kentucky and Lincoln, Nebraska. Tamoud noted that the North America investment provided the opportunity to rethink and reexamine the region’s supply network and demand fulfillment strategies.
The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.
The SupplyChain Matters blog highlights select June and Q2-2022 global manufacturing and supplychain 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.
Wilensky: Okay, but for OEMs with lower annual spend, what kinds of contract terms can induce a supplier to stand up a new manufacturing facility in a country that’s closer to the domestic markets or their major contract manufacturers? Wilensky: ESG risks such as forced labor are becoming a serious issue for supplychains.
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. By all accounts, there remain a lot of uncertainties and many potential downside risks. Global Economic Themes.
Industrial Manufacturing. Utilities. | Main | Gamification - An EAM perspective » Lubrication Management - An Integral part of Asset Management - Part I. There was an incident where Alaska Airlines (flight 261) flying from Mexico to Seattle airport plunged into the Pacific Ocean. Automotive. Communication Services.
But between new proposed legislation, public sentiment and tariffs, responsible supplychain leaders will have to consider if and how they will want to alter their supply lines. The move from China, even if to other more reliable-in-a-crisis countries like India, Mexico or Singapore, will come at considerable cost.
Outside of the CSCR, the Administration outlined various other actions to help support lower costs for families, enable reliable deliveries, strengthen agriculture and food supplychains, and support jobs. In this blog, we will recap each new supplychain initiative.
A China Plus sourcing stance has become ever more important as is longer-term alignment to government induced supplychain policies and legislation initiatives for deemed critical materials. Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S.
The beneficiaries have been India and Vietnam from an Asia perspective and Mexico from a near-shoring perspective. The latter, Mexico , has taken prominence as the primary exporter of goods to the U.S. Exports from China to the European Union reportedly declined 10 percent during this same period. in 2023, replacing China.
This included: Developing playbooks and contingency plans to address your most pressing risks. Evaluate structural changes in your supply base that could reduce risk exposure. Go digital: Explore the potential of dedicated supplychainriskmanagement solutions.
Tariffs hit hard on the bottom line by hiking up costs across supplychains, thereby affecting sourcing, manufacturing, and distribution decisions. However, if organizations adopt proactive tariff optimization strategies and build adaptive supplychains, these challenges can be turned into opportunities.
President Elect Donald Trump, in a series of social media postings threatened to impose on the first day of his presidency, 25 percent added import tariffs on all imported products originating from Canada or Mexico until such time as drugs, particularly Fentanyl, and all illegal aliens stop the invasion of our country.
They included uncertainty in global markets and the likelihood of regional economic and manufacturing recessionary conditions. Morgan Manufacturing PMI index has included a four month (July through October) long sequential contraction in production levels and reported a neutral 50 mark at the end of November. That is quickly fleeting.
According to reporting by Bloomberg ( Paid subscription ), Nations currently in the eye of the trade storm may see even sharper decelerations, with Canadas growth rate tumbling to less than half the OECDs December prediction, Mexico entering a recession, and the annual expansion in the US wilting to 1.6% percent to 2.2 The forecast for U.S.
The damage impacted more than 50 electronics, automotive, and aerospace manufacturers, plus general machinery and materials processors, and medical device and health care companies. In 2025, it will be impossible to avoid conflict and its impact on sourcing, manufacturing, and logistics. to avoid Trump and Biden administration tariffs.
That was changed after Canadian officials in the Ontario province agreed to suspend a 25 percent tariff on electricity supplied to three specific U.S. Reportedly, the Trump Administration continues to prohibit any exemptions related to specific countries including Canada, China, Mexico and the European Union. In dollar terms, U.S.
In our continuing global assessment series, SupplyChain Matters provides readers with highlights of the November 2024 monthly reported global and regional wide PMI activity levels. At the midpoint of Q4-2024, overall global and regional manufacturing levels reportedly stabilized but there remains notable regional differences.
import tariffs focused on Canada and Mexico would go into effect tomorrow, the latest Trump Administrations announcement indicates they will plow ahead. For this particular small business CEO, the reality was described: A prolonged trade war with both Mexico and China is a severe blow to our business model. Over the weekend, U.S.
including the Chevrolet Equinox small SUV that is produced in Mexico. This automaker is reportedly especially impacted because two of its four large pick-up truck plants are located outside the U.S. federal government employee layoffs.
I’ll begin with several high-level trends and factors that will impact supplychain and logistics strategies and operations in the coming year: Free Trade Agreements : “The U.S., If President Trump follows through on this threat to pull the U.S.
In this special weekend posting of SupplyChain Matters we highlight for our readers todays announcements made by the Trump Administration regarding added import tariffs. Tariff Announcements Late this afternoon , the White House announced the imposition of 25 percent tariffs being imposed on imported materials from Canada and Mexico.
are assembled in Canada and Mexico, and will likely be impacted by the added 25 percent tariff levels. The report further states that: GM depends on a global supplychain, and Trump has been waging a trade war with nearly every single country. Canada , China or other countries. BMW reportedly indicated to its U.S.
According to various published reports, these tariffs will be widely applied to all US imports of steel and aluminum, including from Canada and Mexico , reportedly the top two foreign suppliers of the metals to the U.S. Mexico reportedly accounts for $6.5 and foreign based manufacturers and for customers and consumers.
The announcement follows an early March announcement of 25 percent import tariffs being imposed on imported goods from Canada and Mexico , which was subsequently delayed by 30 days in a later announcement in lieu of global financial market reactions. either in Mexico or Canada. during 2024 were assembled outside the U.S.
trade practices, including persistent trade deficits and unfair currency practices, along with the flow of migrants and drugs from Canada, China and Mexico into the United States. industrial and manufacturing base to assess whether further national security-related tariffs are warranted.
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