Supply Chain View from the Field

FEBRUARY 21, 2014

In its current form the Trans-Pacific Partnership (TPP) is a potential free trade agreement (FTA) between the US and 11 Asia-Pacific (APAC) countries (Canada, Mexico, Peru, Chile, Japan, Vietnam, Brunei, Singapore, Australia, Malaysia, and New Zealand). The United States currently has FTA’s with six (6) of the 11 TPP countries. Gupta, Ph.D.

Brunei 76

Brunei Peru New Zealand Chile 76

Resilinc

APRIL 17, 2024

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. What is single sourcing and sole sourcing?

Sourcing Strategies 110

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Sourcing 110

QAD

JULY 18, 2024

For example, it is common to incentivize procurement organizations to lower a product’s purchase price variance. While this lowers the actual product cost, it may result in increasing transportation, inventory, warehousing and Customs costs. Landed Cost Elements So, what are the various fees involved in determining landed cost?

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

RFgen

APRIL 18, 2025

Do they absorb the blow, hike prices, or race to find a new supplier in Vietnam? Example: A bicycle manufacturer adds a rear reflector and bell, reclassifying the bike as a safety transport device, reducing the duty rate by 10%. Imagine a mid-market fitness equipment company sourcing metal frames from Taiwan. Another trend?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Logistics Bureau

MARCH 19, 2020

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. 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.

Pharmaceutical 64

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 64

Logistics Bureau

APRIL 3, 2023

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

Supply Chain Matters

APRIL 6, 2022

While developed regions have managed to sustain some production momentum, there are growing concerns related to continued high levels of cost inflation and added global transport disruption. The S&P Global Vietnam Manufacturing PMI® declined to a value of 51.7 Source: JP Morgan and S&P Global, March 2022. for February, and 53.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Supply Chain Matters

JUNE 9, 2023

Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China Plus sourcing actions. Vietnam is business-friendly, but it doesn’t have enough skilled workers. For those businesses located in the U.S., India has a large labor force, but infrastructure is patchy. Mexico is near the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

QAD

JUNE 13, 2023

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.

Supply Chain Planning Software 98

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Supply Chain Matters

AUGUST 30, 2023

Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Manufacturing Procurement 59

Supply Chain Matters

OCTOBER 3, 2024

Manufacturing regions that were previously demonstrating growth momentum such as China , India , and Vietnam, each contracted by the end of the quarter. manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. United States The two followed indices of U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Manufacturing 52

Supply Chain Matters

JULY 2, 2024

Of the 30 nations that were included in the June reading, India, Russia and Vietnam were the three most positive PMI readings. Various industry supply chain and procurement management teams are obviously going to have to differentiate as to two different narratives presented in these separate reports. compared to the 50.3

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 52

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. This month, the Economist Intelligence Unit revised its forecast of the overall U.S. inflation rate to be 9.2

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Supply Chain Matters

NOVEMBER 1, 2022

Foxconn acknowledged that it was providing local transportation for workers to return to their various residences. If that is correct, then the likely alternatives would be India and Vietnam. Other hardware products such the Apple watch are produced in China and Vietnam. Latest Information.

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Material Savings Supply Chain Planning Software 59

Supply Chain Movement

JULY 19, 2016

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.

Supply and Demand 60

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Supply Chain Matters

MARCH 3, 2022

Global wide production, transportation and logistics activity levels reported for February, but continued rather concerning data related to global transportation service levels and cost. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 Global and Domestic Transportation and Logistics Indices.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

AUGUST 5, 2024

The top three performing nations were noted as India , Vietnam and Brazil. manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Investment goods output reportedly fell for the second successive month. The bottom three consisted of Austria, Germany and Czechia.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Procurement Analytics 52

Supply Chain Matters

JULY 25, 2022

Prior long-standing assumptions that mature, foreign based supply networks, low-cost labor and predictable global transportation and logistics costs would remain constant were also blown-up by a series of industry dynamics. There were other examples as-well, either in high-tech, medical, consumer goods or other industries. .

Sourcing Strategies 59

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Supply Chain Matters

JUNE 3, 2022

Once again the data collectively provides evidence that disruptions remain occurring among industry supply chains, compounded by the manufacturing, logistics and transportation disruptions occurring in China. A likely certainty is that transportation and logistics costs will continue to rise in the coming months. in May from the 46.0

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Supply Chain Matters

FEBRUARY 5, 2024

Further reported was that supplier delivery performance levels deteriorated for the first time attributed to trucking and transportation delays. The S&P Global Vietnam Manufacturing PMI® reentered expansionary level at a reported value of 50.3 The separate Manufacturing ISM Report on Business® reported a January PMI value of 49.1,

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Supply Chain Matters

JULY 7, 2022

The S&P Global Vietnam Manufacturing PMI® posted a value of 54 in June, compared to a value of 51.7 Higher costs related to energy and transportation reportedly led to Vietnamese manufacturers incurring further increases in selling prices. reported for March. percentage points from Q1 to Q2.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

MARCH 10, 2022

We further cited CMS provider Pegatron ’s announced manufacturing investment in India, and expansion in Vietnam. 2021 Prediction: Escalating Global Transportation And Logistics Costs Require New Thinking. This unit produces advanced metal casings, a crucial component in producing Apple iPhones. Number Nine. February 4, 2021.

Supply Chain Planning Software 52

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Unleashed

MARCH 31, 2021

The life of coffee begins with growers in the likes of Brazil or Vietnam. procurement, production, transportation and warehousing), or could be used to track specific problems, like damaged goods, goods with incorrect documentation, goods that were delivered late, and any other combination. Transportation costs.

Supply Chain Planning Software 69

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Supply Chain Matters

JULY 6, 2022

Elevated transportation and logistics costs and longer transit times have impacted profitability, despite ongoing price increases imposed on products. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

Supply Chain Disruption 52

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Supply Chain Matters

SEPTEMBER 4, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Other Asian Nations The S&P Global ASEAN Manufacturing PMI® , a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam reportedly fell from 51.6

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing South Korea 52

Supply Chain Matters

MARCH 7, 2023

The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

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Supply Chain Matters

AUGUST 24, 2022

Another ongoing concern has been India’s logistics and transportation infrastructure and well as strict customs enforcement practices. In addition to India, Vietnam has been another area under consideration for component or final assembly production of Apple’ s consumer electronics hardware products. Bob Ferrari.

India 52

India Supply Chain Planning Software China Supply Chain Planning 52

Supply Chain Matters

MARCH 31, 2023

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

China Sourcing Strategies Manufacturing Procurement Material Savings 52

Supply Chain Matters

DECEMBER 14, 2022

Procurement and supply management leaders will be expected to provide both leadership for supply resiliency and added value, but also supply network cost reductions. In the latter category, renegotiation of transportation and logistics contracts will be an obvious action as will analysis of other supply chain cost reduction opportunities.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

Supply Chain Matters

JUNE 5, 2023

Vietnam Again in the Doldrums The S&P Global Vietnam Manufacturing PMI® is here highlighted because the May value dropped deeper into contraction and “ signaling a third successive monthly deterioration in operating conditions. ” The reported May PMI value of 45.3 percentage points from the April value of 46.7,

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Supply Chain Matters

APRIL 13, 2023

Our commentary reiterated that over the last three years there were reports indicating that Apple was instructing its contract manufacturers to begin evaluating and seeking out new hardware sourcing outside of China , specifically India and Vietnam , with the former garnering the most attention.

India 52

India Manufacturing Procurement Sourcing Strategies Report 52

Supply Chain Matters

DECEMBER 13, 2023

Over the last three years Supply Chain Matters has highlighted various published reports of Apple instructing its contract manufacturers to begin evaluating and seeking out new hardware sourcing outside of China , specifically India and Vietnam. What apparently was missing is what specific challenges that entailed.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Supply Chain Matters

MARCH 2, 2023

Vietnam The S&P Global Vietnam Manufacturing PMI® returned to expansion level with a reported value of 51.2 Report authors however, qualified that the domestic market demand was the prime source of activity growth. In December output growth achieved a 13 month high, the fastest rate in new orders since February 2021.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Matters

JUNE 4, 2024

Other Asian Nations The S&P Global ASEAN Manufacturing PMI ® is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines, Singapore, Thailand , and Vietnam. While supply pressures have reportedly eased slightly, transport capacity related shortages increased in excess of their long-run averages.

Manufacturing Procurement 59

Manufacturing Procurement Optimal Sourcing Manufacturing Global 59

Supply Chain Matters

MARCH 5, 2024

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. Slight Improvement Among Grouping of ASEAN Manufacturers During 2024 we include for our readers highlights of the S&P Global ASEAN Manufacturing PMI®. in February compared to 50.3 in January, and 49.7

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Supply Chain Matters

JANUARY 8, 2024

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. A prior downturn in Vietnam moderated during December. These nations reportedly account for 98 percent of ASEAN manufacturing value added. by the end of the year.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52