Remove Indonesia Remove Manufacturing Remove Manufacturing Procurement
article thumbnail

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.

article thumbnail

How Southeast Asian manufacturers can use ERP to realign the supply chain

SYSPRO Smarter ERP

For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Building manufacturing opportunities from the ground up. In 2019, China accounted for 28.7

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

article thumbnail

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

The Logistics & 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. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

article thumbnail

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.

article thumbnail

Scandinavian Tobacco Group Goes Live with Ivalua’s Platform to Accelerate Procurement Digital Transformation

ivalua

Massy, France 05 July , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Scandinavian Tobacco Group (STG) has selected and implemented its platform as the foundation for its procurement digital transformation. About Ivalua. Learn more at www.ivalua.com.

article thumbnail

Global Production Activity Levels Remain in Contraction at the End of 2024

Supply Chain Matters

At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. Global Wide Manufacturing Global-wide manufacturing levels as tracked by the composite index produced by J.P. Morgan Global Manufacturing PMI posted a value of 49.6 value in November.