Remove Procurement Remove Shipping Remove Taiwan Remove Transportation
article thumbnail

The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. If something were to happen in Taiwan—like the recent 7.4

article thumbnail

Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Japan and Taiwan have earthquakes often, and they both are some of the leading suppliers of microchips. Consumers dealt with skyrocketing prices and unprecedented shortages.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Southeast Asian countries, Taiwan and India have become alternative manufacturing locales or sources of supply. The “first-sale” rule.

article thumbnail

Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Similarly, transportation and logistics cost volatility remains uncertain.

article thumbnail

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. This has been especially the case over the last two plus years with the onset of the global-wide Covid-19 pandemic and with consequent and unprecedented supply and transportation network disruptions.

article thumbnail

What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

That will have a direct impact on the dynamics of global container shipping, airfreight and logistics networks. Some regions, particularly Europe, China and Taiwan are more exposed to these product demand constrained forces. Global Wide Transportation and Logistics. Overall Themes for the Year 2023.

article thumbnail

Building Supply Chain Resilience Is Much More than Fixing Supply Problems

MIT Supply Chain

a loss of capacity to ship and/or transport products. Transportation: Availability of mode, route, labor, and equipment. Replacing over-the-road transportation requires capital and cycle times vary from long (e.g., For companies that use grain as a feedstock, this can be interpreted as a failure to maintain supply.