Toyota and USPS See Opportunities for Blockchain Technology in Supply Chain Management

Talking Logistics

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. Recent news by Toyota and the United States Postal Service (USPS) show that more and more companies are exploring the possibilities of using blockchain technology in supply chain applications. Source: “Blockchain Technology: Possibilities for the U.S.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing.

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Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. The US Geological Survey has conducted extensive chemical analysis of 23 sedimentary phosphate deposits (phosphorites) in the United States with the results demonstrating significantly enriched REEs in these ores.

Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. A sourcing agency will typically do one of the following roles: A.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

Locally Sourced and Organic…”*Where You Can!”

NC State SCRC

I had an interesting discussion with an expert in the food industry, and we discussed some of the emerging trends going on in food packaging and local sourcing for food. The food expert I spoke with noted that many of the food packaging companies are beginning to add the term Locally Sourced and Organic. Organic food is regulated by the United States Department of Agriculture (USDA), and concerns how the food is grown and processed.”

What Logistics Leaders Need to Know about the USMCA Treaty

Transplace

On July 1, 2020, the new USMCA trade treaty between the United States, Mexico, and Canada will replace the current NAFTA treaty. Trade Representative Fact Sheet , this update will provide “greater incentives to source goods and materials in the United States and North America.”. The treaty offers new tariff-free dairy provisions for the United States to the Canadian dairy market. What Logistics Leaders Need to Know about the USMCA Treaty.

Strategic National Stockpiles and Sourcing for the National Interest!

Supply Chain Game Changer

Trump’s action with 3M raises questions for any country about what their Strategic Stockpiles should be and whether future sourcing decisions and actions should be based on parochial nationalistic needs or magnanimous global needs. Sourcing mapping for existing and potential suppliers.

Selling on Shopify for Beginners: Sourcing, Designing, and More

ShipBob

Source your products. Before you build an online store, you need to source your products. There are several avenues you can take to source products from working with local stores or suppliers to wholesale distributor options. Another great option is to source from global marketplaces such as Alibaba and Indiamart, which both offer bulk goods at a low cost. . The post Selling on Shopify for Beginners: Sourcing, Designing, and More appeared first on ShipBob

How Locally Grown Products are Disrupting F&B Manufacturing

QAD

It means buying food that is sourced and/or grown within a geographical location that could be considered “local”. It may be a wider area if a state or regional tagline is added. For example, a food label in a store in New York might read “ New York State Grown and Certified ”.

How JAGGAER and the UK Ministry of Justice Exceed Public Procurement Demands

Jaggaer

One common fallacy about public procurement, Rich Hogg states, is that it has a more relaxed , less cost-driven atmosphere than private industry. For example, the United States spends nearly half a trillion dollars annually on infrastructure at the federal level alone. Public Sector Source-to-Pay

This Week in Logistics News (October 5-9, 2015)

Talking Logistics

Having spent much of this week on the road, I am still in catch-up mode with emails and phone calls, so let’s go straight to the supply chain and logistics news that caught my attention: Elemica Introduces New Sourcing Optimization Solution. Simply put, as supply chains have grown in scale and complexity, so has the logistics sourcing process.

Coronavirus Supply Chain Response: Near-Term Actions to Take Today

Jaggaer

In the United States, White House advisors recently announced that unemployment rates could remain in double digits into November, painting a dark picture for the American economy. Consider Your Sourcing Options. Savings Management Source-to-Pay

Is Soy the Next Palm Oil?

UL EHS- Sustainability

And over 80% of soybean was produced in three countries: the United States (35%), Brazil (29%) and Argentina (18%). According to Trase , more than 42% of all soy exports from Brazil in 2016 were covered by a form of corporate zero-deforestation commitment made by soy traders, proving that many companies are now including soy as part of their sustainable sourcing policies. Environment, Health & Safety deforestation environment farming responsible sourcing soy

The Path to Sustainability Begins with Visibility

Logistics Viewpoints

The largest source of carbon dioxide emissions in the United States currently comes from transportation, surpassing electricity emissions in 2017 for the first time since 1978. Precisely because of these daunting figures, the vast majority of the world’s largest companies are adopting initiatives to reduce greenhouse gas (GHG) emissions in their supply chains, and adopting environmentally friendly policies across their business.

Supply Chain Basics with Jason Miller

The Logistics of Logistics

Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. Sourcing.

Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

Similarly, with the break-up of “The Bells” in the United States in 1982, personal networks grew more open. There is no network capable of connecting sourcing, logistics, manufacturing, and distribution together in the market today.

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Florence Et Al.

Supply Chain Shaman

Each state has a rich manufacturing economy. The supply chain impacts will ripple across the states as Florence moves west. Across the United States, triage teams are working to minimize the impact of Florence. This morning the Washington Post rang.

Is Procurement a True Profession….Yet?

Supply Chain View from the Field

Another organization in the United States, the Institute for Supply Management, has a similar focus on engaging in all of the first six elements, but not the seventh. Organizing for Supply Chain Strategic Sourcing Supplier Relationship Management Supply Chain Talent Supply Market Intelligence

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

The first major polio epidemic in the United States occurred in Vermont in the summer of 1894. The last case of polio in the United States was 1979. The thought of a pandemic killing over 350,000 people globally and over 100,000 in the United States in just three months is mind-numbing. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new.

Is Natural Gas Right For Your Fleet?

Supply Chain Link

In 2013 natural gas was the largest source of new electricity generating capacity in the United States. Read more. 01/13/2015. Supply Chain. Sustainability. Transportation. Supply Chain, Sustainability, Natural Gas, Transportation, Dedicated Fleets. Dedicated Fleets Natural Gas Supply Chain Supply Chain Sustainability Sustainability Transportation Transportation

Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

A moderately-priced new home in the United States now costs an additional $16,500. While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer.

30 Supply Chain Leaders Under 30—Class of 2018

Material Handling and Logistics

Source ID. Source ID. Source ID. Source ID. Source ID. Content Summary: Steven Clowney, CPSM, age 29, is senior manager, strategic sourcing, with National DCP. Source ID. Source ID. Chelsey Graham, United States Steel Corp. Source ID. Content Summary: Chelsey Graham, age 27, is a commodity manager with United States Steel Corp. Source ID. Source ID. Source ID. Source ID.

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States.

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The Brittle China/U.S. Supply Chain

Enterra Insights

According to Tom Derry, CEO of the Institute for Supply Management, “There’s almost no industry sector — and when I say that, I mean manufacturing and nonmanufacturing — that isn’t reliant on China in the United States. … If you don’t have a first-tier supplier who’s sourcing from China, then your supplier’s supplier is.”[1] ”[1] When people hear statements like that, their first thought is often, “The United States has a China problem.”

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Diversifying and Optimizing amid the US-China Tariff War

APICS

As a result of the tariff war between the United States and China, companies are looking to source manufactured goods from other Asian countries

The Strategic National Stockpile that Failed Us

NC State SCRC

The COVID-19 crisis arrived in the United States in February and was largely dismissed as a non-threatening issue. health care system and risks in a supply chain dependent on global sourcing, would buffer the country from unanticipated disruptions.

Procurement: Getting Back to the Basics

Supply Chain View from the Field

The third element is is around CONTRACTING for global sourcing. As companies go into low cost countries, they need to be more aware of the fact that contracts in these regions are VERY different from what they have come to expect in the United States or Europe. Category Management Contract Management Strategic Sourcing Supply Chain Management

The Mask Supply Chain!

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! Are they really effective for their stated purpose or has fashion now overtaken function? Sourcing Masks. No single sourcing. And no domestic sourcing only. Subscribe Here! Email Address.

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supply chain are sourced from the central province of Hubei. A nd a pproximately 70% of APIs from China are shipped to India to produce generics, of which around 40% are then shipped to the United States.

7 Best Supply Chain Books of All Time

Supply Chain Opz

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Author Affiliations: authors of the books on our list are university professors from Michigan State University, Stanford University, Northwestern University the University of California at Berkley and Cranfield University (UK). Country: the interesting thing we've found is that the United States appears to be the powerhouse in supply chain management.

McDonald’s Mesoamérica Supply Chain Response to COVID-19

ToolsGroup

So Honduras suddenly stopped, and we had so many items in transit, so right now we’re overstocked by 140%, and we’re trying to deal with that using external sources. Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact.

The need to know

EFT

The United States and Taiwan said on Friday they were seeking “like-minded” democracies to join a shift in global supply chains during the coronavirus pandemic, as Washington looks to accelerate a move away from economic reliance on China.

The need to know

EFT

The United States and Taiwan said on Friday they were seeking “like-minded” democracies to join a shift in global supply chains during the coronavirus pandemic, as Washington looks to accelerate a move away from economic reliance on China.