article thumbnail

The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

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.

article thumbnail

6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. A group purchasing organization typically finds that it spends 80 percent of its budget on their top 20 suppliers, and they also organize other resources such as time by spend.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Slavery and Supply Chain Transparency

Enterra Insights

To underscore that point, Clare Leschin-Hoar reports, “A new report confirms forced labor and human rights abuses remain embedded in Thailand’s fishing industry, years after global media outlets first documented the practice. The 134-page report by Human Rights Watch shows horrific conditions continue. “[5].

article thumbnail

Tectonic Shift: From Audits/Compliance to Due-diligence & Collaboration: Recap of the Forum on UK Modern Slavery

EcoVadis

140 procurement execs, human rights experts, analysts, NGO leaders gathered in London on May 4 last week to exchange on practices and discuss the potential impact, pitfalls and response strategies to UK Modern Slavery Act. the buyer would discover their key suppliers and start purchasing directly). What to write in reports.

article thumbnail

Interoceanic Passages

Abivin

The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. Shipping lines using the canal must weigh the advantages of faster passage times against the cost of the tolls. New age of European dominance in Pacific Asia began with the opening of the Suez Canal in 1869.

Panama 52
article thumbnail

Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. Labor and human rights is much trickier to monitor through purchasing policies.

article thumbnail

Are US-Chinese tariffs part of the new normal?

NC State SCRC

companies with global supply chains reporting adverse impact on business operations. Steve Madden is currently in the process of shifting handbag production to Cambodia. One of the companies I consult for doesn’t directly buy any products from China, but their supplier for Aerosol container purchases metal from China.