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The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. This includes: Increasing domestic supplychain investments, reducing dependence on cross-border components.
SupplyChain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supplychain and sustainability. Now to the SupplyChain & Logistics News of the Week! According to the U.S.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective. The reason?
A major earthquake in Taiwan. You have a supplychain risk management strategy in place. We have a problem.” The alternate source uses the same supplier in Taiwan. The problem is most companies are relatively immature when it comes to SupplyChain Risk Management. Then you get the e-mail.
Today, we published The SupplyChains to Admire for 2023. Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters.
Even prior to early April, a casual observer of todays ever-changing geopolitical landscape might have concluded that global supplychains are shrinking and that business collaboration is waning. Enlightened business leaders know, however, that global supplychains remain important. Computer chips are made in Taiwan.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supplychain. Peter is Vice President in the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial.
The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan.
These complex chips, made with valuable minerals, are key to so many supplychains that any disruption can have devastating ripple effects, including on personal livelihoods and national security. Major geopolitical tensions as well as environmental and forced-labor issues are putting strains on global production and supply of chips.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
The impact of tariffs on supplychains is no longer abstract. From the new tariffs impact on supplychains to newer policy shifts between the U.S., For global businesses relying on real-time logistics and lean inventory models, the question is how prepared is your supplychain when tariffs hit?
Discover the top geopolitical risks set to affect the global supplychain this year. With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supplychain.
Truly resilient supplychains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supplychain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. Recent SupplyChain Disruptions.
The ILA and port operators are still far apart on issues like wages and port automation, and with negotiations suspended a strike is looking more and more likely. Transatlantic shippers still have a little time left to move containers, and the approaching cutoff may be supporting the $300/FEU increase in daily rates so far this week.
Learn the best practices for supplychain risk management in 2024 from Resilinc, the gold standard for supplychain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
The recent weaponization of pagers and radios in Lebanon serves as a powerful wake-up call to CEOs and governments worldwide; businesses must improve supplychain visibility now. What does this mean for the future of supplychain risk management? Who Manufactured the Pagers and Radios?
The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supplychains across the country. . In contrast, chip manufacturing has significantly increased in Taiwan, South Korea, and China over the same time period*.
“Plan all you want,” writes Cyrus Hadavi , CEO of Adexa, “but disruptions are the supplychain’s real problem.”[1] Because global supplychains are constantly facing crises. In the first part of this article, I want to discuss some of the risks facing supplychains.
I take supplychain seriously. I believe that better supplychain practices can save the world, and I think that it makes a difference in warfare and welfare. Today, when I talk about building the end-to-end value chain, people will look at me strangely and say “That is not supplychain.
Robots continue to be a larger part of global supplychains. When it comes to deploying robots, warehouse technology is more established, as the use of robots within warehouses is set to grow significantly. One of the most difficult and expensive aspects of the supplychain is last mile and home delivery.
We are pleased to continue our 2021 fire-side chat series with key people in the supplychain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global SupplyChain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supplychain. In the intricate web of modern supplychain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supplychain management.
Does Google’s entry into the robotics industry mark the beginning of a renaissance in manufacturing automation? In the online publication SupplyChain 24/7 considers the company’s influence on robotics, and, by default, the supplychains that support manufacturing operations in the United States and worldwide.
Pushing the SupplyChain Reset Button by Lora Cecere , Founder, SupplyChain Insights SupplyChain Leaders Can’t Afford to Guess About the Future The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Baby Formula! A major reason for the extensive damage caused by the breakdown of SupplyChains during the pandemic was because of broad based single points of failure. Subscribe Here! Email Address.
Global based contract manufacturing services provider Foxconn announced this week the availability of an Advanced AI based large language model aimed at improving manufacturing and supplychain management services. Further noted is that FoxBrain is believed to be Taiwans first large language model with advanced reasoning.
Learn how Resilinc is using predictive AI and generative AI to innovate supplychain risk management. In part one of our AI in supplychain blog series, “ How is AI Revolutionizing SupplyChain Risk Management?”, Predictive AI has been used in numerous unique applications outside the supplychain.
But what steps can you take to a more resilient supplychain during disruptions? If you’re ready to learn more about creating stronger supplychains, read below. As more industries face ransomware attacks, it’s a good idea for any supplychain company to hire cyber experts to prevent disruptions.
With the recent visit of House Speaker Nancy Pelosi to Taiwan, as well as the passing of the CHIPS Act, the public and the media have more questions than ever regarding the semiconductor market. Primary among these is: what is the exposure to Taiwan of a Chinese attack and what is the risk of a semiconductor shortage?
It’s as true for supplychain planning as it is for battle planning. Joe Bellini, Executive Vice President of Product Management & Marketing at One Network, observes, “In supplychain management, we do our best to develop executable plans. Taiwan manufacturers 60% of global semiconductors.
Supplychain professionals are certainly acquainted with risks and risk-taking; however, their principal concern is managing risks. ” However, not everyone appreciates the risks an organization’s supplychain faces. SupplyChain Risks Internal Risks • Production Control Risks.
This week, the company announced a reversal in manufacturing and supplychain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer.
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! Companies rely on supplychain management to reduce costs and increase their production cycle. These developments, combined with the US-China trade war, found the supplychains experiencing unique hurdles.
Now, automotive supplychain managers across the industry must adapt to the new normal and “get in line” or miss out entirely. . Here’s how scarcity , competition, and changing vehicle architecture impact the automotive supplychain and what you can do about it. . How Scarcity is Changing the Automotive SupplyChain .
The supplychainsoftware industry is in a considerable state of flux. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supplychain risk management software is also on the rise. Taiwan, Province of China. South Africa.
The same is true when it comes to your supplychain. Remaining stationary in your processes, relying on inefficient technology, and refusing to keep pace is how successful companies find themselves lagging behind the competition. The SupplyChain Risks of Staying Stationary. It’s about doing things differently.
SupplyChain Matters provides readers with December 2024, Q4-2024 , and year-end global supplychain assessments as reported by various global wide PMI reporting. Both are key indicators to future supplychain momentum or growth. While activity levels declined slightly from the 56.5 It turned out to be 49.7.
Just when you thought the semiconductor shortage couldn’t get any worse, more bad news is coming from Taiwan—home to about two-thirds of global chip manufacturing capacity. The leading chip maker globally, Taiwan Semiconductor Manufacturing Co. UMC) reported daily consumption of 31,500 metric tons in that year.
Alex Behrens reports, “ DHL Resilience360 recently released Stormy Weather Ahead: A Global Outlook on the 2019 Season to compile information about the impacts that even small storms can have and discuss the short- and long-term implications of these systems on existing supplychains. And it offers ways to mitigate that risk.
As I alluded to in an earlier post, the scenario of China invading Taiwan, and halting all semiconductor production is highly unlikely, for a number of reasons. If China went into Taiwan and said “We are taking over,” the workforce would simply not support it! Are there other threats to Taiwan?
(NYSE: ETWO) (“E2open” or the “Company”), the connected supplychain SaaS platform with a leading multi-enterprise network, today announced that it has entered into a definitive agreement to be acquired by WiseTech Global Limited (ASX: WTC) (“WiseTech”), a leading provider of logistics execution software solutions.
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