Kinaxis

SEPTEMBER 3, 2014

Reason #1: Offshoring without getting the full picture. We all understand the appeal of moving manufacturing offshore; In many cases, offshore manufacturing is considerably cheaper, is apparently easier (just send the requirements and they build it!) Do you have other costs associated with offshoring?

Supply Chain Design 263

Supply Chain Design Supply Chain United States Manufacturing 263

Supply Chain Matters

JUNE 29, 2023

The theme of the report was that shifting production capacity away from China equates to nearshoring within Northern Mexico , with transport lanes into the U.S. The post Report That Mexico is Becoming a Preferred Nearshoring Strategy first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

Sourcing Strategies 52

Sourcing Strategies Price Reduction Mexico Supply Chain Strategy 52

The Logistics of Logistics

MARCH 1, 2024

Danny is the CEO and Co-founder of Rapido Solutions Group , a logistics nearshoring partner to leading freight brokerage firms in the USA. Committed to a people-centric culture, they invest in employee development, making Rapido your trusted partner for achieving logistical excellence through strategic nearshoring.

Freight 177

Freight Buyer Training Price Mitigation Strategies Resource Reduction 177

The Logistics of Logistics

AUGUST 17, 2022

Lean Solutions Group (LSG) is a nearshore and offshore service provider that focuses on expanding and enhancing its client businesses. To succeed in the transportation and logistics business, 3PLs need to be able to hire and retain the very best talent while keeping a lid on costs. based transportation and logistics providers.

Logistics Network Optimization Software 192

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 192

crisp

JULY 12, 2023

Shoring up expectations With escalating tensions and roadblocks overseas, more than half of American CEOs are aiming to reshore or nearshore their manufacturing operations. Reshoring refers to bringing manufacturing operations on US shores, while nearshoring involves relocating operations to nearby countries like Mexico or Canada.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement 52

Enterra Insights

JANUARY 9, 2024

I’ve also discussed how extended supply chains can dramatically increase transportation costs and risks. The onshoring vs. offshoring vs. ‘friendshoring’ debate remains, but is further complicated by issues such as sustainability, trade wars, agility and, increasingly, visibility.”

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 130

The Logistics of Logistics

MARCH 8, 2024

Valoroo offers affordable, talent solutions offshore in the Philippines and Latin America. Nick specializes in building teams offshore and helping others scale for business growth. Companies working with Valaroo gain the following benefits: The company helps businesses by providing offshore teams to handle repetitive tasks.

San Diego 200

San Diego Freight Logistics Network Optimization Software Philippines 200

RFgen

JULY 11, 2016

Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities. Offshoring With a Shorter Supply Chain. Ford is a U.S.

Manufacturing Procurement 52

Manufacturing Procurement Mexico Supply Chain Planning Software Manufacturing 52

RFgen

JULY 11, 2016

Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities. Offshoring With a Shorter Supply Chain. Ford is a U.S.

Manufacturing Procurement 52

Manufacturing Procurement Mexico Supply Chain Planning Software Manufacturing 52

GlobalTranz

FEBRUARY 13, 2015

All over the world, heading offshore to outsource production has become something that it is had been accepted as the norm. Offshoring does indeed make sense for many companies, especially those that want to establish a global footprint. White Paper: Hidden Risks and Costs in an Offshore Supply Chain. Know the pain points.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 120

Elementum

JUNE 11, 2018

Transportation can be a significant part of a business’ logistics costs— potentially upwards of 55 percent. Fuel price is driven primarily by five factors: demand, refinery maintenance costs, transportation constraints, crude oil prices, and geopolitical disruptions. Nearshoring. Lean Transportation Policies.

Price Reduction 68

Price Reduction Cost Reduction Strategies Material Savings Sourcing Strategies 68

Elementum

JUNE 11, 2018

Transportation can be a significant part of a business’ logistics costs— potentially upwards of 55 percent. Fuel price is driven primarily by five factors: demand, refinery maintenance costs, transportation constraints, crude oil prices, and geopolitical disruptions. Nearshoring. Lean Transportation Policies.

Price Reduction 60

Price Reduction Cost Reduction Strategies Material Savings Sourcing Strategies 60

MIT Supply Chain

JUNE 3, 2021

The region could capitalize on the nearshoring trend given its nearness to US markets. As the EIU report notes, USMCA adds impetus to nearshoring by raising regional content requirements to 75% in some sectors. Also, its size and distance from US markets increase exporters’ reliance on air and maritime transportation.

Costa Rica 52

Costa Rica America Supply Chain Planning Software Supply Chain Software 52

Talking Logistics

NOVEMBER 17, 2021

Trucking has traditionally gotten the lion’s share of attention in transportation, but the pandemic-related disruptions to global supply chains, particularly the congestion at ocean ports with dozens of ships waiting offshore to unload, is causing companies to take a new look at their ocean shipping strategies.

Shipping 159

Shipping Supply Chain Strategy Transportation Strategy 159

The Logistics of Logistics

JUNE 2, 2023

Ryan is the Director of Marketing at Lean Solutions Group which offers a nearshore/offshore model to establish remote satellite offices in Latin America and the Philippines, allowing businesses to build mission-critical teams in just 3-5 weeks to meet customer expectations and accomplish more.

Philippines 193

Philippines Guatemala Logistics Network Optimization Software Colombia 193

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

It is not only nearshoring locations like Mexico, Central and Eastern Europe and Southeast Asia who benefit from this change, but also on-shoring locations in major markets like Germany, the UK, France and the US themselves are getting more and more new production plants.

Cost Reduction Strategies 274

Cost Reduction Strategies Waste Reduction Europe Pharmaceutical 274

Resilinc

APRIL 17, 2024

Nearshoring, reshoring, ally-shoring, and China+1 Many companies have started to shift away from single sourcing, using strategies like nearshoring, reshoring, ally-shoring, and China+1 to build more resilient supply chains. This provides benefits like shorter transportation times and improved inventory efficiency.

Sourcing Strategies 95

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 95

West Coast and California Logistics

MARCH 7, 2024

According to Transport Topics , the nearshoring trend, which involves companies moving offshore operations closer to home, has spurred transportation and logistics investments near the Mexican border to leverage expected growth. This movement is underscored by U.S.

Mexico 98

Mexico Company Trends Transportation 98

Logistics Viewpoints

APRIL 24, 2024

This is characterized by local solutions, onshoring, nearshoring, tariffs, and border controls. The most obvious intersection point is transportation. Transportation is a huge contributor to greenhouse gas emissions. Companies need to be able to identify risk and build resiliency to overcome the risk.

Course 230

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 230

Enterra Insights

OCTOBER 17, 2023

.”[3] They note that a survey conducted last year by Proxima found, “Just over a quarter (26%) of CEOs [indicated] that they had actively looked at onshoring and nearshoring some or all of their supply chains. [In How could you nearshore production to less geopolitically risky places like Mexico? 5] Robert J.

Supply Chain Strategy 130

Supply Chain Strategy Material Savings Global Supply Chain Optimization 130

Logistics Viewpoints

JUNE 16, 2023

The collapse of a section of Interstate 95 in Philadelphia will cause “major disruption” in the region just as the summer travel season begins, US Transportation Secretary Pete Buttigieg said. She is working towards keeping lines of communication open and working towards a final agreement,” said another person familiar with the talks.

Logistics Network Optimization Software 175

Logistics Network Optimization Software Negotiating Skills North America Supply Chain Design Software 175

3PL Insights

JANUARY 17, 2023

Nearshoring. Nearshoring is a business strategy that involves moving production and manufacturing operations closer to the target market. By nearshoring, companies can reduce transportation costs, improve lead times, and increase flexibility. Going Green (Circular Economy).

Material Savings 88

Material Savings Logistics Network Optimization Software Trends Cost Reduction Strategies 88

Freightera

JANUARY 21, 2022

Freightera and Supply Chain Canada launch The Nearshoring Directory, a potential sourcing solution that could revolutionize the way supply chain works. COVID-related supply chain pressures, ship and container shortages, combined with global transportation congestion, all have shaken international commerce. Keill & Company Inc.

Canada 42

Canada Supply Chain Design Software Supply Chain Design Supply Chain Optimization 42

3GTMS

MARCH 17, 2021

In the blink of an eye, offshoring manufacturing halted worldwide, forcing companies to find alternative ways to meet demand and explore potential reshoring possibilities. Of the many things 2020 taught us, one key takeaway was understanding the global supply chain’s volatility.

Trends 219

Trends Manufacturing Procurement Demand Planning Software Supply and Demand 219

DELMIA Quintiq

OCTOBER 27, 2020

As the size and complexity of wind turbines grow, so do the manufacturing process requirements and component transportation costs. These new blades approach the limit of existing ground transportation infrastructure in terms of managing their delivery from the factory to the installation site.

Transportation 317

Transportation Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies 317

Logistics Viewpoints

DECEMBER 6, 2021

As Asia-Pacific production ramped up, competition was on to source the scarce goods and to get access to the limited transportation capacity available to move these goods to their destinations. Descartes has a global trade intelligence solution that allows them to quantify import and export shifts, transportation flows, and trade trends.

Supply Chain Software 294

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Supply Chain 294

Resilinc

OCTOBER 11, 2022

In this Q&A, Chaturvedi shares his views on rebuilding American manufacturing, reshoring, nearshoring, and other topics of the moment in supply chains. Chaturvedi: I’m particularly concerned that the current push to reshore semiconductor manufacturing will be undermined in the future by the lower costs of offshore manufacturers.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

These are: inventory and capacity buffers; manufacturing network diversification; multi-sourcing; nearshoring; platform, product or plant harmonisation and ecosystem partnerships. Nearshoring. Another crucial software system is the transport management system (TMS). Inventory and Capacity Buffers.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

Intelligent Audit

APRIL 22, 2022

In years past, sustainable logistics companies have been outliers among the broader freight transportation industry. Although moving freight by rail has lessened over the years, emissions insight might suggest omnimodal transportation to get the most amount of cargo moved collectively at minor environmental damage. .

Waste Reduction 52

Waste Reduction Sourcing Strategies Cost Reduction Strategies Sustainability 52

Logistics Viewpoints

JUNE 30, 2022

This means transportation costs account for up to 8% of the sale price of a pair of shoes, as compared to 1% just three years ago. As a result of this, combined with elevated ocean carrier spend, nearshoring becomes an increasingly viable option, at least for a select category of products.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 219

Supply Chain Matters

MAY 22, 2024

With as much as 90 percent of international trade being transported across ocean waterways, there are important findings for multi-industry supply chain and logistics management teams included in this report. Insurers have pointed out heightened risks of transporting electric powered vehicles ( EV ’s).

Shipping 52

Shipping Sourcing Strategies Baltimore Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

The Logistics of Logistics

JULY 13, 2022

Covid issues like inventory imbalances, and supply & demand signals hard to predict, shutdowns, transportation issues, etc. . Solutions like nearshoring are available, but necessarily fast or easy. . Short-term concerns that will cause supply chain disruptions. . Economic including a potential recession and inflation .

Supply Chain Disruption 171

Supply Chain Disruption Supply Chain Design Software Supply Chain Design Manufacturing Procurement 171

Logistics Viewpoints

MAY 24, 2024

At the Advanced Clean Transportation (ACT) Expo in Las Vegas this morning, Hexagon Purus in partnership with Hino Trucks, has announced the launch of a dedicated zero-emission battery electric Class 8 truck branded ‘Tern’ for the US truck market. China was ranked second at 12%, followed by Denmark (9%), Australia (7%) and South Korea (6%).

Logistics Network Optimization Software 227

Logistics Network Optimization Software Supply Chain Design Software Logistics Las Vegas 227

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

BlueYonder

MARCH 14, 2024

Compounded by the fact that MBUSA sources parts from Germany, the company must adeptly handle uncertainties on the fulfillment side, including managing elevated transportation costs, navigating blocked shipping lanes, and addressing labor shortages.

Automotive 52

Automotive Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

Proxima

AUGUST 25, 2022

Some businesses are changing their tactics altogether in attempts to absorb the additional costs through nearshoring some or all of their supply chains or, frustratingly, delaying their decarbonization goals.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91