Remove Procurement Remove Supplier Management Remove Transportation Remove Vietnam
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2024 Predictions for Industry and Global Supply Chains- Prediction Two

Supply Chain Matters

Opportunities to rethink and/or realign supply network strategies, buffer an over-reliance on China or single sourced deemed strategic suppliers, provided the context for augmenting added resilience and necessary agility needs. The beneficiaries have been India and Vietnam from an Asia perspective and Mexico from a near-shoring perspective.

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Top Considerations Around Reshoring in Today’s Supply Chain

QAD

Benefits such as low-cost labor, raw materials, cheap transportation, favorable regulations and proximity to suppliers were too good to pass up. That includes front-end forecasting and planning, procurement, manufacturing, logistics and import/export. Starting in the late 1980s, packing up shop and moving abroad made sense.

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Apple CEO Tim Cook’s Timely Visit to China

Supply Chain Matters

Countries such as India , Vietnam and others welcome an Apple supply network presence with open arms. India along with Vietnam have the potential to be other significant markets for smartphones and consumer electronics as employment and income levels increase over the coming years.

China 52
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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

This is likely to include select areas of added business and supply chain digital transformation, but in more managed and focused scope. Procurement and supply management leaders will be expected to provide both leadership for supply resiliency and added value, but also supply network cost reductions.

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Supply Chain Matters Editorial Commentary- Notions of Rethinking Global Supply Sourcing Strategies

Supply Chain Matters

The second aspect of this movement are media reports indicating that Apple has informed its major contract manufacturers that is wants to boost product sourcing outside of China , preferably India or Vietnam. These concerns involve not only manufacturing and supply networks but also technology, real estate and private equity investments.

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GrandVision: “We are changing completely as we become demand driven”

Supply Chain Movement

In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. We are transitioning our Chinese supplier base to other regions such as Bangladesh and Vietnam for labour cost and quality reasons.