EMERGE App

DECEMBER 18, 2018

Shipping costs are also expected to spike upwards. It raised its prowess from running mere factories to one that offered a complete value chain: from research and development to shipping and fulfillment. Business costs will rise for those who are sourcing some or most of their raw materials or goods from China.

Distribution 74

Distribution Trends Manufacturing Procurement Vietnam 74

Elementum

MAY 26, 2022

2) Ship to the US and Western Europe. They expanded first into other parts of eastern Asia (Vietnam, Thailand, India), then into eastern Europe (Poland, Ukraine) and Mexico. If that were not enough, consumers have also grown to expect (and demand) full transparency of the entire shipping process, down to the item level.

Supply Chain Disruption 78

Supply Chain Disruption Agile and Lean Supply Chain Purchasing Skills Supply Chain Software 78

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory. Canada or Mexico.

Predictive Analytics Software 52

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Supply Chain Matters

AUGUST 24, 2022

Supply Chain Matters provides our readers added perspectives on this week’s reports indicating that Apple has initiated plans for production of the upcoming new model iPhone14 to be sourced from both China and India. In April of this year, a facility in India began producing the iPhone13. Added Supply Chain Matters Perspectives.

India 52

India Supply Chain Planning Software China Supply Chain Planning 52

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Matters

MARCH 29, 2022

and China trade war had resulted in added tariffs being applied to footwear causing designers to consider sourcing within other countries, especially Vietnam. More prominently, is the significant increase in ocean container shipping costs coupled with longer transit times from Asia to the United States.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

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

Supply Chain Matters

DECEMBER 4, 2023

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. A downturn within Vietnam ’s manufacturing sector reportedly weakened to a five-month low of 47.3

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

JULY 6, 2022

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. Business media reporting points to challenges in sourcing private label goods, including longer lead times, coupled to factory disruptions.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

ShipBob

DECEMBER 18, 2019

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Shipping delays. For some Americans, the holiday comes and goes without them even noticing.

How To 136

How To Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 136

Supply Chain Matters

SEPTEMBER 13, 2023

Manufacturing Support Contrary to the past 2-3 years, the shipping for all four of the new iPhone models is consistently communicated as September 22, with pre-orders now being accepted. The inference is that pricing strategy is compensating for declines in iPhone demand. In the most July ending quarter, Apple reported an overall 2.4

Price Reduction 59

Price Reduction Waste Reduction Cost Reduction Strategies Supply Chain Strategy 59

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. 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

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 Shipping. Deere is using costly expedited shipping to avoid disruptions.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Supply Chain Matters

MARCH 3, 2022

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. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Supply Chain Matters

DECEMBER 14, 2022

That will have a direct impact on the dynamics of global container shipping, airfreight and logistics networks. A China Plus sourcing stance has become ever more important as is longer-term alignment to government induced supply chain policies and legislation initiatives for deemed critical materials. Overall Themes for the Year 2023.

Supply Chain Software 52

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

BlueYonder

MARCH 6, 2020

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. Adaption: Autonomous decision-making and material handling systems allow companies to flexibly adapt to different scenarios and better prepare for the factors that might impact their ability to ship and receive materials.

Real-time Visibility 90

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 90

Supply Chain Game Changer

JUNE 25, 2020

With less transportation capacity, carriers are forced to hike shipping costs, and airfreight rates from China to Europe were already up 253% YOY in April. There’s also the issue of sourcing , as companies consider nearshoring and reshoring and requalify and re-assess their suppliers and sub-suppliers.

Supply Chain Software 54

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software 54

SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. . On the YESS Cotton Sourcing Risk Assessment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 52

Elementum

JUNE 6, 2016

According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam. Mexico may become the global manufacturing nerve center if the country plays its cards right. Lower costs and proximity to the U.S.

Manufacturing Procurement 60

Manufacturing Procurement Mexico El Paso Manufacturing 60

Supply Chain Matters

JUNE 3, 2022

One apparent bright spot stemmed from the S&P Global Vietnam Manufacturing PMI® which reported production growth achieving a 13-month high in May, amid recovery from the latest wave of Covid-19 infections earlier this year. This was the first downbeat assessment of the business outlook recorded for two years.”. The reality that U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

NC State SCRC

DECEMBER 15, 2022

Moreover, Amazon refused even to discuss the situation in good faith with Gilimex, locking Gilimex’s CEO and management team out of Amazon’s headquarters in North Reading, Massachusetts after the Gilimex team had traveled thousands of miles from Vietnam for a meeting.”

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Gravity Supply Chain

MAY 20, 2022

Spire provides real-time information and analytics based on global maritime automatic identification system (AIS) technology—Spire’s constellation of small satellites captures the courses and current status of container ships across the globe. In 1956, manually loading a ship cost $5.86

Supply Chain Planning Software 52

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EMERGE App

JULY 16, 2018

When you’re in the e-commerce industry or entrepreneurship space, buzzwords like “drop shipping” and “Amazon FBA” just roll off your tongue. Here, I’ll cover private label products first and how you should go about sourcing for suppliers. Pro Tip #2: Source Your Product Sensibly. Introduction.

Manufacturing Procurement 71

Manufacturing Procurement Purchasing Skills Just-in-Time Modeling Software 71

GlobalTranz

JANUARY 12, 2015

Unless the source of natural gas dries up, which is not likely for many years to come, the price of gas is likely to remain low for the foreseeable future. Add to that the cost of shipping over long distances to US and European markets and they have lost the huge advantage they used to have in the past.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Optimal Sourcing Price Reduction 120

SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. These are the textile and spinning mills.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 40

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. We’ve got a great guide on sourcing products from China , for example.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Logistics Bureau

JUNE 21, 2020

The short answer is that it is indeed possible to re-shore manufacturing but it will take a change in government policies as well as sizeable state incentives to private enterprise to turn the ship around. Most of all, however, it will require a change in the Australian consumer’s thinking and buying patterns. Wealth of Professional Talent.

Manufacturing Procurement 59

Manufacturing Procurement China Manufacturing Australia 59

Logistics Bureau

APRIL 3, 2023

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Outsourcing your logistics to a partner specialising in shipping to, from, and within your chosen market—or to one with a physical presence in that territory—can simplify the process considerably.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. We’ve got a great guide on sourcing products from China , for example.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Jaggaer

APRIL 14, 2020

Goods will be arriving in ships but many of them will have nowhere to go so long as many retail outlets are shut, We will see how well the logistics industry copes in a few weeks’ time, but companies such as Maersk remain confident. To further reduce costs, many buyers rely on just one supplier for certain categories of spend.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

The enforcements of draconian lockdowns, various economies have experienced severe shocks, adversely affecting global trade, global tourism & travel, International Aviation and Airports as well as International Shipping and Ports. Arising from the pandemic is risk diversification i.e. reducing sourcing risks from China.

Supply Chain Disruption 41

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 41

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations. To enhance resilience, supply chain strategies have shifted from cost-saving to redundancy by engaging multiple suppliers, particularly from local or nearshore sources, to mitigate supply disruptions.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Multi-Sourcing. The Age of Agility: Building Resilience in the Supply Chain. Feature Article by Anthony Beavis, Managing Director APAC at Körber Supply Chain.

Agile and Lean Supply Chain 246

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

RFgen

AUGUST 12, 2020

Recognizing a need to improve the efficiency of its global supply chain, Nestle built a storage and shipment facility in Vietnam near its top coffee bean producers. “Some of those facilities are so big you can ride in golf carts and you’d be hard put to find a human being,” Wanner told the source.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

RFgen

AUGUST 12, 2020

Recognizing a need to improve the efficiency of its global supply chain, Nestle built a storage and shipment facility in Vietnam near its top coffee bean producers. “Some of those facilities are so big you can ride in golf carts and you’d be hard put to find a human being,” Wanner told the source.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

Freightera

DECEMBER 21, 2023

Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well. Sources and References [link] [link] [link] [link] [link] Eric Beckwitt is CEO of Freightera.

Sustainability 40

Sustainability Manufacturing Procurement Trends North America 40