Supply Chain Matters

OCTOBER 31, 2023

Prediction Three of our research advisory indicated that more direct control of strategic and tactical direct materials sourcing would continue to be a prominent element of business strategy in 2023 and beyond. In 2022, more U.S. percent to 11 percent due to disruption in either their engineering, supply, production or operations units.

Study 59

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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

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Logistics Viewpoints

MARCH 29, 2021

The company has 18 plants and operating locations in the US, Canada, and Mexico as well as plants and labs in the UK, China, and Indonesia. They also have 20 sourcing locations across North America from which they can ship make to stock products. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

Optimal Sourcing 157

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Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . Canada or Mexico. Prediction Background. Higher cost levels will need to be mitigated or reduced.

Predictive Analytics Software 52

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Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. How do we best handle surging transportation costs?

Supply Chain Design Software 254

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Supply Chain Game Changer

APRIL 19, 2022

Over the past 20 years I have been fortunate to have worked in various industries (Automotive, Electronics, Plastics, Oil/Gas, Financial and Communication Equipment) for various world class companies, with a focus on Strategic Sourcing and Procurement. I am currently on a confidential long term consulting engagement in Mexico.

Material Savings 85

Material Savings Resource Reduction Cost Reduction Strategies Manufacturing Procurement 85

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Hurricane season threatens to disrupt activities across the eastern seaboard and along the Gulf of Mexico. Download the White Paper: Over the Road Freight Management Trends. Hurricane season causes an influx of demand for flatbed.

Prescriptive Analytics Software 308

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Supply Chain Matters

JANUARY 6, 2023

Among the activity of the 29 nations that make up this index, only seven had indexes of positive values in December, which included India , Mexico, the Philippines , among four others. Sources; S&P Global and ISM, 2022. For the developing regions sector, India remains a standout, followed by Thailand , Mexico and Indonesia.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Taiwan 52

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail. Mexico trade.

Optimal Sourcing 100

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Supply Chain Matters

APRIL 10, 2023

The announcement follows the recent unveiling of the company’s Master Plan Part 3 , which outlined a series of multi-year billion dollar investments including the construction of an added production facility to be located in Monterrey, Mexico , and destined to produce the termed next-generation EV vehicle.

China 64

China Supply Chain Planning Software Supply Chain Planning Scenario Planning 64

Supply Chain Matters

JANUARY 3, 2024

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Truck and rail transportation movements across the Mexico and U.S.

Predictive Analytics Software 59

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Supply Chain Matters

JULY 6, 2023

Source: S&P Global Intelligence, July 2023 Highlights of Regional Reporting- Good and Not So Good Continued Production Expansion Across India Increased product demand and manufacturing activity levels across India during June outpaced all other regions. product demand volumes.

Manufacturing Procurement 52

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Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. We sense that the accelerating manufacturing growth across India is reflective of changing global sourcing strategies within specific industry sectors. in August compared to 57.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. This month, the Economist Intelligence Unit revised its forecast of the overall U.S. inflation rate to be 9.2

Manufacturing Procurement 98

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Savant Events

FEBRUARY 14, 2024

Australia, France, Switzerland, the USA (and individual states) and Mexico also have legislation in force, while the Netherlands, South Korea and New Zealand are among the countries with legislation either proposed or passed but yet to come into force.

Supply Chain Strategy 52

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Supply Chain View from the Field

APRIL 10, 2015

Kevin and I worked together years ago to help define the a baseline framework for strategic sourcing and category management that was deployed within the Lubricants group, and which later became deployed across the entire Shell Procurement organization. Rather, it requires true collaboration with trusted supplier partners.

Negotiating Skills 60

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MIT Supply Chain

MARCH 2, 2021

Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. For now, Mendonça, Villena, and Ruiz have focused on just five major markets in the Americas: the United States, Mexico, Brazil, Colombia, and Argentina.

Comparison 52

Comparison America Transportation Colombia 52

Requis

AUGUST 13, 2020

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 trillion: the overall capex (procurement) spend for global energy in the past three years according to the World Energy Investment 2020 report by the IEA (who predicts a reasonable 20% decline in 2020). $25

Optimal Sourcing 64

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Synovos

DECEMBER 3, 2019

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. in Whitehouse Station, NJ, before moving to Teva in 2014.

Pharmaceutical 10

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Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

ModusLink Corporation

NOVEMBER 18, 2021

Four fundamental practices: Based on (Ali Esfahbodi, 2016) research, Chinese and Iranian governments have focused their fight for SSCM based on four fundamental practices: sustainable procurement, sustainable production along with sustainable distribution , and reverse logistics.

Waste Reduction 78

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Material Handling & Logistics

SEPTEMBER 4, 2017

If the roads leading up to the factory are damaged, that is a 2-4 week disruption, but if the factory is flooded, then equipment procurement or repair time, setup and qualification time, production lead time and transit times, all become critical path to recovery”, says Vakil.

Supply Chain Planning Software 97

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Locus

JUNE 3, 2022

Source: Statista.com. Hurricane Ida struck the Gulf of Mexico in August 2021, destroying industrial installations for pharmaceuticals and plastics. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. parts per million. Download Now!

Negotiating Skills 52

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Supply Chain Matters

DECEMBER 14, 2022

Procurement and supply management leaders will be expected to provide both leadership for supply resiliency and added value, but also supply network cost reductions. Predictions surrounding the global wide transportation and logistics industry vary, depending on the source and the stakeholder interests.

Supply Chain Software 52

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BlueYonder

MARCH 6, 2020

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. By using AI and ML, companies can better model and predict demand and fine tune their inventory from procurement to transport to warehouse to routing supplies to locations ahead of demand. The third is exports to China.

Real-time Visibility 90

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Supply Chain Matters

SEPTEMBER 8, 2023

But reality might seem to indicate that German manufacturers need to continue to pivot from the high dependence on China and perhaps take advantage of the new manufacturing investment underway in regions such as India, Vietnam, Mexico , the United States and other regional areas.

Manufacturing Procurement 52

Manufacturing Procurement Europe Manufacturing Germany 52

Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Should you keep work in low cost geographies, establish sources in multiple geographies, or on-shore work into high cost domestic countries? Geographic Sourcing History.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

Supply Chain Matters

OCTOBER 20, 2023

Future Production Capacity Bloomberg noted in its reporting that Tesla is now slow walking the automaker’s plans for a previously announced investment in a new factory complex in Mexico. The initial step announced in this roadmap was the planned investment in a new production complex to be located in Monterrey, Mexico.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Supply Chain Matters

SEPTEMBER 23, 2023

Today, China based EV automakers and suppliers have notable cost advantages in materials sourcing, production and labor costs. automakers were forced to formulate production or component alliances with Asia based suppliers either in China or operating in in Mexico in order to support U.S. Thus, some U.S.

Negotiating Skills 59

Negotiating Skills Cost Reduction Strategies Expense Reduction Inventory Reduction 59

NC State SCRC

MARCH 17, 2021

Christoper Matthews points out that a number of critical areas were impacted… “The power outages brought the world’s largest petrochemical complex to a standstill, forcing more plants in the Gulf of Mexico region to shut down than during Hurricane Harvey in 2017. as supplies tighten.

Texas 52

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Supply Chain Matters

SEPTEMBER 17, 2022

With manufacturers now electing to source more production in regions such as India and Vietnam , or in nearshored areas of Mexico or Northern Europe , the notions of changing global supply networks have implications going forward, not only for FedEx, but other global based carriers.

Cost Reduction Strategies 59

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DocShipper Sourcing

MARCH 26, 2021

… The post International trade March 2021 News [Procurement – Logistics – Compliance] appeared first on ?Sourcing Sourcing services. Since the end of the month, part of the international trade is paralyzed by the blockage of the Suez Canal, an extremely important maritime route in the area.

Procurement 40

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Requis

MARCH 23, 2021

I spent a long time with Bechtel doing large projects all around the world including Mexico, Thailand, Egypt, and India. I joined BP a year before the Deepwater Horizon incident in the Gulf of Mexico. The pressure to be more sustainable also comes from outside sources like governments, banks and customers.

Material Savings 52

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Supply Chain View from the Field

SEPTEMBER 17, 2013

He was also an important contributor to our understanding of the modern field of procurement and supply chain relationship management. This argument made sense in 1937 – because procurement was viewed primarily as a transactional activity. The only focus they had was to drive prices down – otherwise they would keep the job inhouse.

Negotiating Skills 68

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Supply Chain Matters

JULY 7, 2022

Whereas, among a grouping of developing regions consisting of China, India, Indonesia, Mexico, Vietnam and Thailand , production and supply chain activity levels declined 2.4 There is also a developing understanding on what impacts there will be regarding supplies of key commodities that were sourced in both Russia and Ukraine.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Opz

NOVEMBER 9, 2014

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. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. AI plays a significant role in harnessing the power of this.

Supply Chain Design Software 236

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