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5 Megatrends Shaping Supply Chain Innovations

The Logistics & Supply Chain Management Society

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. E-commerce boom requires a new urban logistics model.

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People and Halal Supply Chains

The Logistics & Supply Chain Management Society

Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supply chain. In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase.

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Is Nearshoring the Solution to Rising Transportation Costs?

Logistics Bureau

The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Indirectly, the rest of the world benefits too.

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

The Logistics & Supply Chain Management Society

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. This practice is illegal. Postponement.

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

HarbisonWalker International Manufactures and Distributes Refractory Products. But refractories are used in a wide variety of industries, particularly manufacturing industries with high temperature or corrosive production processes. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Many of their suppliers were using the same sub-tier manufacturers.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.