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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.
As I said at the time, when you stand back and think about it from a supplychainriskmanagement perspective, being in a situation where just 800 clerks can shut down the main entry point for about 40 percent of U.S. imports and cost the region about $1 billion per day is not good.
Moving on to this week’s supplychain and logistics news… Truckers gridlocked at U.S.-Mexico Mexico line as border agents moved (Reuters) Global trade growth loses momentum as trade tensions persist (WTO) Shipping Comes to Terms With $50 Billion Clean-Fuel Bill (WSJ – sub. Mexico Border Crossing Delays.
If you’re a transportation professional, for example, and all you know is transportation, your opportunities for advancement are limited compared to someone who has a broader supplychain perspective. Retail SupplyChain Conference , February 25-28, Phoenix, FL. 18th TPM Annual Conference , March 4-7, Long Beach, CA.
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.
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. economy.”
If you’re a transportation professional, for example, and all you know is transportation, your opportunities for advancement are limited compared to someone who has a broader supplychain perspective. Logistics Summit & Expo , March 13-14, Mexico City, Mexico. MODEX : No show in 2019.
For too long, supplychainriskmanagement has been mostly confined within supplychain circles. CEOs and government agencies were more than happy to let a few experts deal with supplychain challenges. Supplychain cyber attacks are costly both in terms of time and money.
In it, Sheffi talks about the concept of a ‘black swan’, no not the risk of slightly unstable ballerinas invading your supplychain, but rather a term popularized in 2007 by Nassim Taleb that’s used to describe occurrences that are thought to be impossible. What supplychainrisk strategies has your organization put in place?
A CPG firm’s local/national/global response effort was called into action in April this year following an earthquake in Mexico. Filed under: Resilience Tagged: business recovery , emergency response , managing in a crisis , MIT , supplier failures , supplychainriskmanagement , tornado trauma.
Relying too heavily on suppliers in a single country especially one subject to high tariffs creates a significant risk. Some ways to diversify include: Nearshoring : Shifting some production to neighboring countries that offer lower trade barriers, such as Mexico for U.S.
If you’re a transportation professional, for example, and all you know is transportation, your opportunities for advancement are limited compared to someone who has a broader supplychain perspective. SupplyChain Spotlight on Mexico: Takeaways from Logistic Summit & Expo 2015.
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.
If you’re a transportation professional, for example, and all you know is transportation, your opportunities for advancement are limited compared to someone who has a broader supplychain perspective. Retail SupplyChain Conference , February 12 – 15, Orlando, FL. Home Delivery World 2017 , March 14-15, Atlanta, GA.
According to Resilinc, the most important thing supplychainriskmanagers can do is gain “deep visibility into lower levels of the supplychain and how they could be affected by severe weather.”[9] 9] Armed with that information, mitigation strategies can be developed. ” Footnotes. [1]
If you’re a transportation professional, for example, and all you know is transportation, your opportunities for advancement are limited compared to someone who has a broader supplychain perspective. Logistics Summit & Expo , March 18-19, 2015 in Mexico City, Mexico.
From Mexico to the U.S., Chemical Suppliers Recognize Financial Rewards of Digitization Efforts with Trading Partners (Elemica). Hospitals Wrestle With Shortage of IV Bags, Linked to Hurricane (WSJ – sub. a Nafta Tale of Two Truckers (New York Times). Solar modules stuck at Indian ports due to import duty dispute (Reuters). to WTO, U.S.
These conditions could potentially impact supplychain logistics and transportation by sea, air, and land. While the system often brings heavy rainfall to the Southern US and Mexico, this can result in drought in other regions such as Australia, Indonesia, parts of southern Asia, and Central and West Africa.
Five Ways to Drive a High-Performance, Cross-Border Automotive Supply Chain.Connect. and Mexico? Pinpointing and fixing the real causes of delays by analyzing cross-border supplychains is more important than ever. Department of Commerce , in 2015 Mexico produced 3.4 According to the U.S. Since 2009, U.S.
We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico. Some companies have adapted with near and/or off shoring, either due to cost or geo-political challenges.
We operated in the Americas, so we spent significant time in places like Canada, the US, Mexico, Brazil, Argentina, and Honduras, but we also operated all around the globe. Having lived, worked, managed, and led global teams for 13 years, I saw what building a strategy from the ground up looked like.
Download the report to read more about: Customer Relationship Management and Use of Mobile and Cloud Technologies in 3PL Sales Processes. Mexico Rising as Manufacturing and Logistics Hub. SupplyChainRiskManagement. Working Corporate Social Responsibility Into the SupplyChain.
and Mexico moves on land,” he said. There’s an opportunity for us to [improve the transportation] infrastructure that supports that trade and to leverage Canada and Mexico to make sure that infrastructure doesn’t stop at the borders.”. There were no supplychainmanagers on the panel or among the guests invited to comment.
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? Complying with the UFLPA In order to comply with the UFLPA, companies must evaluate their supplychains and take any necessary action.
Our 2023 predictions among areas of anticipated strategic shifting of industry product supply networks have indeed occurred as business and their supplychainmanagement teams actively initiated added resiliency and agility efforts with the major country recipients being India and Mexico.
computer maker’s first substantial move to diversify its personal computer supplychain beyond China. ” HP Specific Moves This latest report goes on to indicate that a portion of production sourcing, estimated to be upwards of 5 million units, will shift toward Mexico to support U.S.
Thailand , India , and Mexico this year. Broader Context Prediction Seven within our research arm’s 2024 Predictions for Industry and Global SupplyChains Research Advisory predicted that supplychain ESG initiatives and data collection would take on added significance this year.
Canada and Mexico are our second and third largest trading partners. Supplychainriskmanagement practices must continue evolving. You need to audit your suppliers’ factories for fire risks. There’s no viable transportation infrastructure on much of the so-called Pan American Highway.
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. border area remain disrupted because of a migrant border crossing crisis with political ramifications.
He made special mention of two recognized model facilities for smart manufacturing capabilities, one being the 65-year-old Lexington , Kentucky manufacturing facility along with the facility in Monterrey, Mexico. Sustainability efforts are further at the heart of current supplychain strategy. Others will follow.
Upon reviewing a grouping of developed regions, namely the United States, Eurozone, Japan and Taiwan, production and supplychain activity levels declined 2.9 Whereas, among a grouping of developing regions consisting of China, India, Indonesia, Mexico, Vietnam and Thailand , production and supplychain activity levels declined 2.4
In a prior blog posting authored by our research arm, Added Evidence of Emerging Regionalization of Global Supply Networks , highlighted two recently published research studies proving data of both a reallocation of component and production sourcing away from China and favoring areas such as India , Vietnam and Mexico.
As the year 2022 comes to a close, business and supplychain focused media reports already point to increased supplier and manufacturing investment in regions such as Mexico, Eastern Europe , India, Vietnam and other regions. . Anticipated SupplyChain Business Process and Technology Enablement.
Among the six countries that our research arm monitors in the Developing Economies category ( China, India, Indonesia, Mexico, Vietnam, Thailand ) the average PMI value for Q3 was 52.1, However, report authors indicated that demand increases were generally driven from domestic needs as opposed to export needs.
| 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. Enterprise Asset Management: IT Asset Management (59). March 2014.
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.
Further stated was the following: “ Out of an abundance of caution, we are also temporarily removing the Quarter Pounder from restaurants in the impacted area, including Colorado, Kansas, Utah and Wyoming, as well as portions of Idaho, Iowa, Missouri, Montana, Nebraska, Nevada, New Mexico, and Oklahoma.
As governments recognize the importance of supplychain resilience in reducing not only risks—but also costs—it’s time for businesses to invest. Learn more about the long-term value your business can derive from a mature and resilient supplychainriskmanagement program.
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.
Business and supplychain focused media reports already point to increased supplier and manufacturing investment in regions such as Mexico, Eastern Europe, India, Vietnam and other regions as responses to added supply network resiliency or agility. Canada or Mexico. customers increased to a level of $41.8
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.
This storm had previously brought destruction and severe flooding among Caribbean regions to include Puerto Rico, Cuba , and other island nations, and rapidly grew to be a Category Four hurricane as it crossed the warm waters of the Gulf of Mexico.
Salvage firm Resolve Marine , which helped contain the Deepwater Horizon massive oil spill in the Gulf Of Mexico has been contracted for these efforts.
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