Remove Currency Remove Manufacturing Procurement Remove Shipping
article thumbnail

The New Procurement Reality: Thriving Amid Policy Shifts, Logistics Gaps & Demand Swings

Jaggaer

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. But with wild fluctuations in prices, currency conversion rates, lead times and so on, IT systems have had difficulty coping in recent years.

article thumbnail

The Messy Reality of Cross-Border E-commerce (Thoughts on UPS Acquiring i-parcel)

Talking Logistics

While omnichannel retailing is in the spotlight these days, lurking in the shadows is another big challenge and opportunity many retailers (and manufacturers looking to sell direct to consumers) have been struggling with for years: cross-border e-commerce. Source: Pitney Bowes (click to enlarge). Source: Amazon.com (click to enlarge).

Insiders

Sign Up for our Newsletter

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

article thumbnail

Lost in Translation-Incorporating Consumer Demand into your Supply Chain

The Network Effect

A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. This was a long awaited announcement that completely shocked the global currency markets sparking massive trades out of the U.S. dollar into Asian currencies.

article thumbnail

The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

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. Manufacturing Network Diversification. Multi-Sourcing. The Age of Agility: Building Resilience in the Supply Chain. Inventory and Capacity Buffers.

article thumbnail

How Inventory Management Rescues Supply Chains From Inflation

Clear Spider

From raw materials to shipping and storage, businesses across the U.S. As prices continued to rise, purchasing power plummeted. This has forced many manufacturers to reevaluate their sourcing and pricing strategies. Coupled with labor shortages , this has led to delays in shipping and deliveries. You’re not alone.

article thumbnail

This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

-based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S.

article thumbnail

2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

It’s time to re-think how our products are manufactured and distributed. “We were able to do this because we are a manufacturer of most of our products and this allowed us to bring in products at competitive pricing and quantities. We have essentially built out a supplier development team whose only goal is to source suppliers.