Supply Chain Matters

JUNE 5, 2023

The latter has been reinforced by the April GSPI Index from the New York Federal Reserve , and now, the reported May GEP Global Supply Chain Volatility Index which indicated that “ for the first time since June 2020, global chain capacity is now underutilized, indicating a shift to a buyers’ market.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Logistics Bureau

MARCH 19, 2020

Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. It is also airlifting parts from China to its Vietnam operations. The Food Industry. It takes time to turn a moving ship around, though, so this will not happen immediately.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

BlueYonder

MARCH 6, 2020

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. Lucky are the companies that can shift production to other countries like Mexico or Vietnam. That is because lots and lots of people are needed to help an AI system learn so that it can eventually act on its own.

Real-time Visibility 93

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 93

Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Procurement. And, according to some analysts, things could get worse—a whole lot worse!

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Supply Chain Matters

MARCH 3, 2022

A relatively new index is The Global Supply Chain Pressure Index (GSCPI) , developed by a group of researchers at the U.S. Federal Bank of New York. A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

6 River Systems

SEPTEMBER 17, 2019

Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. As of mid-2017, 80% of the company’s shipments out of its warehouse were going to areas other than California and New York.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45