This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
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
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.
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. Uur geographic position means we have to think differently about nearshoring.
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.
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.
Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. I packed my (one) bag to start a considerable journey into becoming a Supply Chain Professional from the manufacturing floor up, with Detmold (Detpak) Packaging. . What are the priorities you are working on right now? .
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.
The project, which was delivered in partnership with Efficio, the leading strategic procurement and supply chain consultancy firm, was focused on STG’s strategic sourcing process as the first stage of a longer term digital transformation. STG is a world leading manufacturer of cigars and traditional pipe tobacco with approx.
Visits to Vietnam , Singapore and Indonesia have featured itineraries that included meeting with governmental leaders, technology users, content providers and other groups. From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing.
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.
Crisis Response – At the outset of the crisis, it’s easier to visualise a horizontal and linear supply chain with the 4 flows disrupted and adversely affecting the Core Supply Chain Functions, of Planning, Sourcing, Production, Distribution, last mile Deliveries and returns management or reverse logistics. Diversification.
Figure 1: Identifying gaps in supply chain competency Overall Findings from three segments of industry were identified namely logistics, manufacturing and trading. Manufacturing Industry: The manufacturing industry faces challenges stemming from material and labour shortages due to pandemic-related lockdowns.
COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise. Labour lacking skills in high-tech manufacturing.
Signs of Global Manufacturing Upturn Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® reportedly improved in May with output and new orders in indices on the rise. Rates of manufacturing contraction eased across Europe and in Japan. The May reading of 50.9 The May reading of 50.9
The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh. billion in population will be the linchpin of an alternative sourced Asian supply network. One example indicated was that U.S.
Disruptions cause supply chain uncertainty Original Equipment Manufacturers (OEMs) in Asia continue to see strong demand for trade supply. For instance, sourcing of raw materials for battery manufacturing may become the next great supply problem as automakers bet big on electrification in 2023.
Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.
Source Trust is a nonprofit founded by swiss chocolatier Lindt with the goal of transforming farmer livelihoods through grower training and community assistance. Other brand-name chocolate companies that partner with Source Trust include Ferrero, Hershey, Fazer and Meiji. grams per chocolate bar. grams per chocolate bar.
In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Consider other manufacturing locations. Some manufacturers will have operations in several different countries.
Kevin O’Marah recently published his thoughts in a Forbes article, stating he believes a carbon tax applied to manufacturing and distribution is the way to go. The report is predicting economies including Singapore, Malaysia, Indonesia, and the Philippines could be as much as a quarter less productive than they are now.
They range from small-batch soap manufacturing to the distribution of sports car parts. It firmly cemented China as the world’s manufacturing hub. The voracious appetite of US consumers for goods — from Apple products to Xmas trees — saw China become the de facto manufacturer of consumer goods.
The August data further reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. This composite index produced by J.P.
Global Manufacturing Output Global-wide manufacturing levels as depicted by the J.P. Morgan Global Manufacturing PMI® reportedly slightly declined in June with output and new orders indices on the rise. In the latter category, subdued market conditions were cited as an underlying factor in manufacturers’ business optimism.
Our annual predictions advisory began with a summary of prevailing global economic, financial and manufacturing outlooks. Global Supply Chain and Manufacturing Activity. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Economic Outlook Significantly Changed. for the month of December 2021.
Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® which began 2022 at an expansion value of 54.2, Morgan Manufacturing PMI® which began 2022 at an expansion value of 54.2, Sources; S&P Global and ISM, 2022. has fallen 5.6 has fallen 5.6
The latest data reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. Product demand levels are essentially focused on domestic market needs.
Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5
Source Trust is a nonprofit founded by swiss chocolatier Lindt with the goal of transforming farmer livelihoods through grower training and community assistance. Other brand-name chocolate companies that partner with Source Trust include Ferrero, Hershey, Fazer and Meiji. grams per chocolate bar. grams per chocolate bar.
government client with assessing the isolation gown industry and its associated risks, particularly relating to isolation gown manufacturers’ and distributors’ compliance with The Make Personal Protective Equipment (PPE) in America Act. Exiger augmented these DDIQ findings with open-source research.
Supply Chain Matters provides monthly highlight commentary and perspectives on published January 2023 global manufacturing PMI and supply chain activity indices. Our previous posting in this series of global wide manufacturing PMI highlights was in early January summarizing both December and Q4-2022 reported indices data. increased 0.4
Decline in Global Manufacturing Output Levels Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® declined in April. The April report further indicated that global wide manufacturers are still maintaining an overall outlook that production levels will be higher in the coming 12 months.
Australian imports from China mainly comprise manufactured goods, including telecommunications equipment, IT products, furniture, home ware, clothing, toys, sports equipment, and televisions. Source Australian Bureau of Statistics. How Imports Have Been Affected. Australia’s Main Imports and Exports 2017-18.
Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.
Most analysts believe the future looks bright for renewable energy sources. This means that ever-more of our energy system can become less reliant on traditional sources such as coal, oil, and natural gas, thereby reducing greenhouse gases in the atmosphere.”[3] ”[4].
Companies like Nike and Disney have publicly stated that they are not going to Bangladesh for apparel sourcing in the future. In Thailand, workers at a factory producing Nike apparel were forced by military personnel allegedly hired by the manufacturer to sign a petition allowing them to be paid less than the minimum wage of $4 a day.
In India, the national Production Linked Incentive (PLI) is set to encourage domestic EV manufacturing—and this is just a glimpse of the latest policies worldwide. Nickel in Electric Car Batteries Top Consumers and Producers of Nickel Indonesia is the world’s foremost nickel producer, accounting for 37% of global production.
Since China banned the import of plastic waste (except the cleanest plastics) in late 2017, America has been shipping its plastic waste to other countries including: Malaysia, Thailand, Indonesia, Philippines, Vietnam, Cambodia, Turkey, etc. . Source: The Guardian. Source: The Guardian. .
Supply Chain Matters highlights a breaking news development involving Tesla’s existing Nevada based Gigafactory that will be of interest to Automotive EV manufacturers and their supply networks. His 2018 effort led to a Securities and Exchange Commission settlement and this consequent shareholder lawsuit. More to come.
In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.
Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). An example of an advanced halal ecosystem is Modern Halal Valley in Banten, Indonesia.
Among the upcoming plans is the establishment of manufacturing capabilities for megawatt-scale polymer electrolyte membrane (PEM) electrolyzers dedicated to producing green hydrogen. Now, Hyundai is also actively involved in establishing the hydrogen value chain within Indonesia. Currently, PEM electrolyzers are approximately 1.5
The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. That stated, global output levels fell for the third consecutive month.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content