Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. Picture this: a critical part of your product is only made in one factory in Taiwan. This is very possible, considering 60% of the world’s semiconductors are made in Taiwan.

Supply Chain Risk Management 104

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Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. Most of the semiconductor fabrication is now conducted in Taiwan and China, not the United States. Single points of failure invariably lead to problems and cost more in the long run than dual sourcing solutions. Whereas the U.S.

Supply Chain Design Software 86

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Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Supply Chain Matters

MARCH 7, 2023

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.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

Based in the USA and later North Asia, I specialized in “Supply Chain Solutions” for North American / European Corporations with Asia Pacific manufacturing/sourcing operations”. “My Prior to that, I was with TNT for 6 years. My passion for Logistics and Supply Chain is founded from. my very structured upbringing.

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Supply Chain Matters

AUGUST 3, 2022

The bottom three were listed as Poland , Taiwan and Myanmar. . The July S&P Global Taiwan Manufacturing PMI® was especially concerning, with indications of the sharpest falls in output and new orders in over two years. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. United States.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Opz

JANUARY 22, 2016

This is how Dell managed to make limited supply of different products to meet demand after the Taiwan earthquake. For example, a partner that has been a stellar performer that experiences a decline, whether a sharp drop or a repeated gradual erosion, is a source of potential disruption that has yet to be realized. Transparency!

Sourcing Strategies 120

Sourcing Strategies Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 120

Supply Chain Matters

JULY 15, 2022

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Sourcing was both a cost as well as landed cost decision factor. The move was communicated as a means to boost market share and to gain access to domestic sources of manufacturing capability.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

NOVEMBER 17, 2022

In this Supply Chain Matters posting, we highlight a rather significant reports indicating that Apple is considering sourcing of the chip fabrication of its advanced design semiconductor processers within the U.S. within a period of two years, and the industry implications from such a move. . Background. Significant New Development.

United States 52

United States Manufacturing Procurement Security Taiwan 52

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. This month, the Economist Intelligence Unit revised its forecast of the overall U.S. inflation rate to be 9.2

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Jaggaer

OCTOBER 3, 2024

A Response (Part 1) The annual CPO Agenda from the Hackett Group always makes fascinating reading, as it reveals the changing priorities of the world’s procurement leaders. This year it reports that the top three priorities remain the same as in 2023, but the order has changed. Cost reduction is back in the top spot, as it was in 2021.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Groups 52

Supply Chain Matters

SEPTEMBER 6, 2023

The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in August compared to 57.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

JULY 19, 2023

The lack of momentum in China based manufacturing has had a discernable contractionary impact on other regions, especially Taiwan and Malaysia. The latter Taiwan PMI index has been in negative territory for over a year and overall business confidence levels across Malaysia ’s manufacturing sector sunk to levels not recorded since July 2021.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Enterra Insights

FEBRUARY 11, 2020

.” Alex Saric, a procurement expert at Ivalua, observes that poor supply chain visibility exposes companies to unwanted risks. Here, a smart approach to procurement will allow companies to improve supplier visibility, put effective measures in place and identify supply chain risks as they appear. .”[3]

Supply Chain Planning Software 100

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Supply Chain Matters

NOVEMBER 9, 2022

Both The Wall Street Journal and Bloomberg are reporting that Taiwan Semiconductor Manufacturing Company (TSMC) , the globe’s leading advanced semiconductor device manufacturer, is considering investment in a second U.S. With semiconductor sourcing capability being viewed as “the new oil” in geo-political trade the dynamics are ever changing.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Cost Reduction Strategies Report 52

Supply Chain Matters

AUGUST 3, 2023

The two special regions of concern are the Eurozone and Taiwan. Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Source: S&P Global and Other Sources. The data reinforces the warning signs of June and Q2, suggesting added contraction levels. from the 44.8

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Supply Chain Matters

APRIL 6, 2022

Source: JP Morgan and S&P Global, March 2022. The S&P Global Taiwan Manufacturing PMI® fell to a level of 54.1 There is also a developing understanding on what impacts there will be regarding supplies of key commodities that were sourced in both Russia and Ukraine. Global Wide Production Activity. reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Supply Chain Matters

JULY 2, 2024

Various industry supply chain and procurement management teams are obviously going to have to differentiate as to two different narratives presented in these separate reports. During Q2-2024, the average Taiwan PMI value rose to 51.4 The recent 52.3 reading was up from the 50.9 from the average 48.0 The index rose to 52.o

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 52

Resilinc

JANUARY 31, 2023

These include export restrictions both symbolic and substantial, with China’s ban on sand exports to Taiwan in the first category and Indonesia’s announcement of a 2023 ban on exports of bauxite—the main raw material for aluminum—expected to have a substantial impact on aluminum supplies. #4

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Supply Chain Matters

APRIL 8, 2024

billion grant and up to $5 billion in government loans to Taiwan headquartered semiconductor producer TSMC. Today’s announcement comes after last week’s significant earthquake that impacted the island of Taiwan. Commerce Department has today awarded a $6.6 presence provides an added global supply network resiliency factor.

Negotiating Skills 52

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Supply Chain Matters

AUGUST 11, 2023

TSMC to Construct its First European Chip Fabrication Facility Industry leader Taiwan Semiconductor Manufacturing Company’s (TSMC) announced this week that the Taiwan based producer will construct its first European based chip facility that will be located in Germany.

Supply Chain Planning Software 52

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Supply Chain Matters

JANUARY 6, 2023

Sources; S&P Global and ISM, 2022. Taiwan activity as reflected in the S&P Global Taiwan Manufacturing PMI® eased, rising from a depressed value of 41.6 Taiwan activity as reflected in the S&P Global Taiwan Manufacturing PMI® eased, rising from a depressed value of 41.6 but a significant 10.2

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Taiwan 52

Supply Chain Matters

SEPTEMBER 1, 2022

Wei, the CEO of Taiwan Semiconductor Manufacturing Company (TSMC) addressing a tech symposium last week, indicated that an endemic shortage of relatively low-cost semiconductor devices, ranging in cost from 50 cents to $10 dollars, continues to dog global automotive manufacturers in their ongoing volume manufacturing needs.

Sourcing Strategies 59

Sourcing Strategies Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

SEPTEMBER 3, 2022

The bottom three were listed as Poland , Taiwan and Myanmar. From our lens, Taiwan remains the continued shocker, experiencing a third consecutive monthly decline and noted as equivalent to levels seen in May 2020 during the initial Covid-19 outbreak. The August index again declined to a contraction value 42.7

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

HICX Solutions

JUNE 12, 2023

In this episode of the Supplier Experience Live podcast, we spoke with Yash Rai , Vice President, Procurement and Supply Chain Solutions at The Smart Cube. Yash has over 14 years of experience working in the procurement domain. He continues, “I think this is where the opportunity for best-of-breed tools and technology comes into play.

Negotiate Pricing 52

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Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The above seems to imply, from our lens, the movement toward China Plus sourcing activity.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Supply Chain Matters

FEBRUARY 2, 2023

Taiwan The January S&P Global Taiwan Manufacturing PMI® declined from 44.6 Report authors suggested that the domestic market was the main source of new business growth while international demand role slightly in January. in December to 44.3 compared to 52.5 reported for December.

Optimal Sourcing 59

Optimal Sourcing Manufacturing Procurement Report Global 59

Supply Chain Matters

JULY 7, 2022

The S&P Global Taiwan Manufacturing PMI® declined to a contractionary of 49.8 for June and noted as a signal of renewed deterioration in the health of Taiwan’s manufacturing economy. Similarly, the S&P Global / CIPS UK Manufacturing PMI® fell to a two-year low of 52.8 in June as business optimism reportedly dipped.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

JULY 27, 2023

Two significant critical component providers in high tech equipment, consumer electronics and smartphone supply networks, namely Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics , reported Q2-2023 quarterly financial performance this week. TSMC is a prime advanced semiconductor supplier to Apple and Nvidia.

Supply Chain Network Software 52

Supply Chain Network Software Taiwan Supply and Demand Electronics 52

Supply Chain Matters

SEPTEMBER 9, 2022

The report, citing two informed sources, specifically indicates that between 30 percent and 50 percent of Foxconn’s and Jabil’s planned production output in August were affected by electrical power rationing. percent according to this same source. More to the point, reports indicate that 2023 sales are forecasted to grow a mere 4.6

Manufacturing Procurement 52

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Supply Chain Matters

JULY 21, 2022

In our prior commentaries related to supply network strategic sourcing, we, along with many others, have noted that the ongoing global-wide shortage of semiconductor devices needed for automotive, high-tech electronics and other industries have been elevated to strategic geo-political policy dimensions. In June, Taiwan based GlobalWafers Co.

South Korea 52

South Korea Report Manufacturing Procurement Sourcing Strategies 52

Supply Chain Matters

DECEMBER 4, 2023

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Commenting on the November data, Bennett Parrish, Global Economist at J.P. The reported November value of 48.3

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

APRIL 16, 2024

billion grant awarded to Taiwan based TSMC to build advanced semiconductor fab capabilities in Arizona. Commerce Department has awarded a $6.4 billion grant to Samsung Electronics to build an advanced semiconductor fab capabilities in Tyler, Texas. The move follows a $6.6

Electronics 52

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Supply Chain Matters

JUNE 5, 2023

Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. The May PMI value of 44.3 dipped a significant 2.8 percentage points from the 47.1 reported in April.

Manufacturing Procurement 52

Manufacturing Procurement Global Optimal Sourcing Thailand 52

Supply Chain Matters

DECEMBER 14, 2022

Some regions, particularly Europe, China and Taiwan are more exposed to these product demand constrained forces. The S&P Global Taiwan Manufacturing PMI® i ndex was reported as its lowest level since 2009 by the end of October 2022 while the S&P global Eurozone Manufacturing PMI® fell to a 29-month low.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52