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A major earthquake in Taiwan. You have a supplychain risk management strategy in place. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. As you flip through the articles on your iPad, you see it.
SupplyChain & Logistics News 09/16-09/20 Next week I will be attending my second Climate Week NYC. Now Let’s Get to The SupplyChain & Logistics News: Gas and Electric Utilities Prepare are Coordinating the Necessary Preparations For an Exepected Rough Winter The Northern American Electric Reliability Corp.
magnitude earthquake in Taiwan, as well as current port closures and supplychain challenges. magnitude earthquake struck Taiwan. The quake was the biggest earthquake to hit Taiwan in 25 years. These countries, along with Taiwan, are situated in the “Ring of Fire,” a global hot spot for earthquakes and tsunamis.
The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan.
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for SupplyChains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and SupplyChain Management Society. Firms must constantly evaluate and evolve their supplychains and leverage opportunities.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Learn the best practices for supplychain risk management in 2024 from Resilinc, the gold standard for supplychain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supplychain. In the intricate web of modern supplychain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supplychain management.
In this special SupplyChain Matters supply network risk advisory, we highlight the initial implications of today’s major earthquake that has impacted the island of Taiwan. magnitude earthquake that has impacted Taiwan. Today, such a scenario has again occurred, given the ongoing reports of a 7.4
I take supplychain seriously. I believe that better supplychain practices can save the world, and I think that it makes a difference in warfare and welfare. Today, when I talk about building the end-to-end value chain, people will look at me strangely and say “That is not supplychain.
When Gartner purchased AMR Research in December 2009, the methodology became the Gartner SupplyChain Top 25. However, when Gartner bought AMR Research, and I left in the transition(because I don’t believe in the Gartner methodology), I launched a new methodology named the SupplyChains to Admire. The reason?
SupplyChain Matters provides readers with December 2024, Q4-2024 , and year-end global supplychain assessments as reported by various global wide PMI reporting. Both are key indicators to future supplychain momentum or growth. and thus 2024 provided a 0.8 thereby signaling a robust rate of growt h.
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. Subscribe Here! Email Address. But the reality is much different.
Pushing the SupplyChain Reset Button by Lora Cecere , Founder, SupplyChain Insights SupplyChain Leaders Can’t Afford to Guess About the Future The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.
We are pleased to continue our 2021 fire-side chat series with key people in the supplychain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global SupplyChain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.
This week, the company announced a reversal in manufacturing and supplychain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer.
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Baby Formula! A major reason for the extensive damage caused by the breakdown of SupplyChains during the pandemic was because of broad based single points of failure. Subscribe Here! Email Address.
Developing supplychain risk mitigation strategy can be a time consuming task. Knowing supplychain risks affect a firm’s capability to make supply meet demand, what should a firm do to mitigate these risks? Michael Gravier, Associate Professor, Bryant University Supplychains evolve—or at least they should.
But what steps can you take to a more resilient supplychain during disruptions? If you’re ready to learn more about creating stronger supplychains, read below. As more industries face ransomware attacks, it’s a good idea for any supplychain company to hire cyber experts to prevent disruptions.
The Ferrari Consulting and Research Group via its affiliated SupplyChain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supplychains published at the beginning of 2022. Economic Outlook Significantly Changed. inflation rate to be 9.2 percent of GDP to 6.2
Companies that heavily depend on these materials, such as those in renewable energy and textile manufacturing, face heightened risks of supplychain disruptions and rising costs. The DHSs expansion of the UFLPA Entity List, now totalling 144 entities, reflects continued efforts to combat forced labor and human rights abuses.
The SupplyChain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. The bottom three were listed as Poland , Taiwan and Myanmar. . SupplyChain Matters Insights and Perspectives on the July Data.
The disruption has cut off a major trade route for Canada’s exports of minerals, wood fiber, food products, and other products to Asia, and it has created a supplychain nightmare for Canadian manufacturers. “We The post Extreme weather’s impact on supplychains appeared first on Resilinc.
The atoms and electrons of the supplychain are changing. I am passionate about the topic of the digital supplychain, and I apologize in advance for the length of this article. The third SupplyChain Insights Global Summit is over. It is an agenda designed by supplychain leaders for supplychain leaders.
Cushing has been an invited blogger at conferences sponsored by CFO Magazine and SupplyChain Insights and writes regularly for RKL eSolutions and more. What are the biggest changes to supplychain management in the past 30 to 35 years? How has supplychain visibility changed in the past decade?
To cut through the often-overwhelming noise in the procurement landscape – from geopolitics to supply disruption, digital to sustainability, and beyond – we consult leading CPOs to get their take on where we should be focussing efforts in the coming year. And so, decision-making persists for CPOs and business leaders. And resilience.
The Ferrari Consulting and Research Group via its affiliated SupplyChain Matters blog provides supplychain focused perspectives on this week’s indications of slower economic growth across China. and China continue, especially concerning deemed key strategic industries, commodities and industry supply networks.
A time served and long proven tenet of any supplychain is that disruption is often trace to the weakest link of the supplychain, regardless of cost. Thus are the evolving implications of a new era of geo-political tensions that are now driving supply network sourcing strategies. Bob Ferrari.
Supplychain visibility remains elusive despite decades pursuing it. Arnaud Morvan states a simple truth, “It’s difficult to see, measure and improve what’s happening across the supplychain.”[1] ”[3] Rajamanickam touches on the most important element of supplychain visibility — digitalization. .”[3]
Subscribe to SupplyChain Game Changer. The Disintermediation of the SupplyChain! However the continuity of supply issues caused by the pandemic has created a call to repatriate much of this manufacturing into domestic, albeit higher cost, regions. Subscribe Here! Email Address. The Go Forward Sourcing Strategy.
Since the 1980’s supplychains have become increasingly global and cost has been a dominant factor in this shift. 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.
Since the 1980’s supplychains have become increasingly global and cost has been a dominant factor in this shift. 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.
The Ferrari Consulting and Research Group through its affiliate, SupplyChain Matters blog unveils part two of a summarized overview of our annual prediction themes for industry and global supplychains for the year 2023 and beyond. Economic and Business Challenges Expected in 2023. Overall Themes for the Year 2023.
With 65 learners based in countries including Sweden, Bulgaria, France, Switzerland, Germany, the US, Taiwan and China, they have some challenges to overcome. After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team.
The SupplyChain Matters blog provides our latest news capsule format follow-up relative to the updating of prior supplychain management published developments we have shared with readers. Global Economy Shock Waves Pose Added Threats to European SupplyChains. TSMC ’s biggest market by revenue is the U.S.,
Gain Competitive Advantage by Understanding the Economic Aspects of SupplyChainsSupplychains play a crucial role in driving economic growth and prosperity. According to the Council of SupplyChain Management Professionals (CSCMP) the cost of U.S. All these help mitigate disruptions to supplychains.
In this SupplyChain Matters commentary, we highlight quantitative data related to global and regional supplychain production activity levels in May 2022, as depicted by the reported PMI indices. manufacturing sector remains in a demand-driven, supplychain constrained environment. Other Regions.
SupplyChain Matters highlights two additional indices of global and US supplychain volatility relative to July 2022 global supplychain activity levels. Global SupplyChain Pressure Index. Additional SupplyChain Matters Perspectives. Bob Ferrari. All rights reserved. .
SupplyChain Matters highlights for readers added indications that China Plus materials supply or production strategies are garnering increased attention from businesses large and small. This appears to be evolving with more evidence points appearing across business, industry and supplychain media.
Companies need to map these critical linkages in their supplychains when evaluating risk and resilience. GM’s troubles are symptomatic of the supply shortages that continue to disrupt supplychains worldwide. A laundry list of capacity problems There are seven ways in which a supplychain can fail.
SupplyChain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supplychain activity indices. In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supplychain production momentum.
SupplyChain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supplychain PMI indices. The three specific regions of concern remain the Eurozone, United Kingdom, along with Taiwan. The reported September PMI value rose to 46.4 reported for July.
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