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Global Supply Chains in Flux as U.S. Tariffs on Canada, Mexico, and China Take Effect

Logistics Viewpoints

auto parts are sourced from Mexico, making the tariff impact immediate and severe. Major tech firms are shifting chip production to Taiwan, South Korea, and Southeast Asia to reduce dependence on China. Approximately 40% of U.S. Vehicle production costs in the U.S. Conclusion: A New Reality for Global Trade?

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

For example, the Gartner Top 25 celebrates the accomplishments of Intel (active with Gartner), but in the analysis in Table 1, Nvidia Corporation and Taiwan Semiconductor (TSMC) clearly outperform Intel in the Semiconductor Industry. The Gartner analysis is biased toward companies within the Gartner network. The reason?

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

The Logistics & Supply Chain Management Society

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Consultancy UK).

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Amazon’s Jassy Says AI Will Reduce Company’s Workforce

Supply Chain Brain

China Tech Fight Widens After Taiwan Blacklists Huawei More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox. Featured Product Popular Stories Report From DPW: What’s Next for AI in Supply Chain?

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Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

Given Russia’s pivotal role as a major exporter of energy and raw materials, these measures have reverberated across vital sectors such as energy, high tech, aerospace, defense, and transportation, amplifying the impact of the conflict on the global economy. What would happen if China invaded Taiwan ?

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