Elementum

NOVEMBER 9, 2015

Naturally, your boss will look at how good you are in procurement. Nike manufacturers are based in China, Indonesia, and Vietnam. Instead of looking to the supplier for only procurement, they now look at them as a source of potential ideas and innovation. One company he’s impressed with? There has to be a deep level of trust.".

Supply Chain Design Software 60

Supply Chain Design Software Manufacturing Procurement Supply Chain Design Supply Chain Software 60

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. In procurement, unethical practices can be hard to spot. It’s critical to understand what makes up ethical vs. unethical practices within your procurement function. Unethical Procurement Practices : Examples of Unethical Behavior.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Kinaxis

AUGUST 10, 2015

In a related article by the Guardian , David Noble, chief executive of the Chartered Institute of Procurement & Supply, points out just how pervasive this issue is, saying 11% of British business leaders report modern slavery likely already plays a role in their supply chains.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain 100

QAD

JULY 18, 2024

For example, it is common to incentivize procurement organizations to lower a product’s purchase price variance. When the full costs are considered, your company will gain more insight when deciding to source from Vietnam vs. China vs. Mexico vs. other geos you are considering.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

BlueYonder

MARCH 6, 2020

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. By using AI and ML, companies can better model and predict demand and fine tune their inventory from procurement to transport to warehouse to routing supplies to locations ahead of demand. The third is exports to China.

Real-time Visibility 98

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 98

Supply Chain Matters

AUGUST 30, 2023

Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Supply Chain Matters

JUNE 9, 2023

Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China Plus sourcing actions. Vietnam is business-friendly, but it doesn’t have enough skilled workers. For those businesses located in the U.S., India has a large labor force, but infrastructure is patchy. Mexico is near the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Matters

MARCH 1, 2023

Prediction Three of the report indicates : More Direct Control in Strategic or Tactical Material Sourcing Will Continue to be a Prominent Element of Business Strategy for Businesses and their Chief Supply Chain or Chief Procurement Officer Efforts. Our sense was that Apple’ s experience, along with others involving U.S.

China 52

China Survey Manufacturing Procurement Sourcing Strategies 52

Supply Chain View from the Field

SEPTEMBER 17, 2013

He was also an important contributor to our understanding of the modern field of procurement and supply chain relationship management. This argument made sense in 1937 – because procurement was viewed primarily as a transactional activity. The only focus they had was to drive prices down – otherwise they would keep the job inhouse.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Cost Reduction Strategies Price Reduction 68

Supply Chain Matters

APRIL 22, 2024

Visits to Vietnam , Singapore and Indonesia have featured itineraries that included meeting with governmental leaders, technology users, content providers and other groups. Vietnam Visit Cook’s Vietnam visit was headlined by local and global media as pledging to buy or produce additional product components in that country.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Sourcing Indonesia 52

Enterra Insights

MAY 16, 2022

McCrea reports, in response to the current situation, “some companies are procuring materials from more U.S. Still others are shifting focus to countries like Mexico, Malaysia or Vietnam, and all with the goal of minimizing the geographical gaps that exist between their operations and their end customers.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

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

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Supply Chain Matters

APRIL 6, 2022

The S&P Global Vietnam Manufacturing PMI® declined to a value of 51.7 Commenting on the March data, Andrew Harker, Economics Director at S&P Global noted in part: “ The surge in COVID-19 cases in Vietnam during March took its toll on the manufacturing sector, pushing output back into contraction territory. for February, and 53.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Supply Chain Matters

JULY 2, 2024

Of the 30 nations that were included in the June reading, India, Russia and Vietnam were the three most positive PMI readings. 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. compared to the 50.3

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 52

Supply Chain Matters

OCTOBER 28, 2024

This prediction was our view that direct materials sourcing and procurement organizations by their role would continue to provide a de-facto presence and accountability for investment in and enhancements of supplier risk management and controls. This shift is marked by a decline in direct U.S.

Predictive Analytics Software 59

Predictive Analytics Software Manufacturing Procurement Cost Reduction Strategies Agile and Lean Supply Chain 59

QAD

JUNE 13, 2023

That includes front-end forecasting and planning, procurement, manufacturing, logistics and import/export. When you use local labor, procure raw materials locally and center production in the same area, the benefits flow into the nearby economy in the form of job growth and financial stability.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Manufacturing Procurement 98

Logistics Bureau

MARCH 19, 2020

Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. It is also airlifting parts from China to its Vietnam operations. It takes time to turn a moving ship around, though, so this will not happen immediately.

Pharmaceutical 53

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 53

Supply Chain Matters

OCTOBER 31, 2023

We stated that procurement and supply management leaders will be expected to lead in supply resiliency efforts across product and business areas. sourcing from China, with a correspondingly rise in import share from low-wage locations, chiefly Vietnam, and regional trade areas, particularly Mexico. ” In 2022, more U.S.

Study 59

Study Supply Chain Software Supply Chain Strategy Sourcing Strategies 59

Elementum

SEPTEMBER 23, 2017

Varieties of produce and livestock can be sourced from anywhere in the world; mangoes harvested in the Philippines could be sold in the US, or rice grown in China may be packaged in Vietnam and sold in different countries in the UK. Specialized handling and packaging are also necessary for a lot of fresh products.

Supply Chain Planning Software 60

Supply Chain Planning Software Food Supply Chain Software Supply Chain Network Software 60

Logistics Bureau

APRIL 3, 2023

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 84

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 84

Supply Chain Matters

MARCH 21, 2023

GoerTek established operations in Vietnam ten years ago to produce acoustic products for Samsung Electronics and was considering an initial $280 million investment in a new production facility in northern Vietnam. The report specially highlighted Apple AirPods producer GoerTek Inc.

China 52

China Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement 52

Supply Chain Matters

AUGUST 5, 2024

The top three performing nations were noted as India , Vietnam and Brazil. manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Investment goods output reportedly fell for the second successive month. The bottom three consisted of Austria, Germany and Czechia.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Procurement Analytics 52

Supply Chain View from the Field

MARCH 13, 2015

Haiti grew all of its own rice, until the World Bank told them to take the tariff off – and once they removed the tariff – they could buy it cheaper from the US and Vietnam than they could grow it in the country. The problem became poverty was increased in Haiti, because they lost the income they had enjoyed from growing rice.

Sourcing Strategies 60

Sourcing Strategies Food Haiti Forecasting 60

Supply Chain Matters

NOVEMBER 1, 2022

If that is correct, then the likely alternatives would be India and Vietnam. Other hardware products such the Apple watch are produced in China and Vietnam. Further noted in this report were sources indicating that in recent days, Apple has informed suppliers- “ to more actively plan on increasing production outside China.”

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Material Savings Supply Chain Planning Software 59

Supply Chain Matters

AUGUST 19, 2024

As Apple continues to diversify its production output beyond just China , it has been Foxconn that has led the efforts for designing, constructing and staffing supply network production facilities across India or Vietnam. That includes plans to make batteries and car parts in Thailand and Vietnam and microchips for cars in Malaysia.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

Supply Chain Movement

JULY 19, 2016

In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. We are transitioning our Chinese supplier base to other regions such as Bangladesh and Vietnam for labour cost and quality reasons.

Supply and Demand 60

Supply and Demand Demand Planning Software Manufacturing Procurement Netherlands 60

Logistics Bureau

MARCH 3, 2020

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. Most companies are scurrying around trying to find alternative procurement options until the crisis plays itself out. COVID-19 Impact on Shipping.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Supply Chain Matters

SEPTEMBER 4, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Other Asian Nations The S&P Global ASEAN Manufacturing PMI® , a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam reportedly fell from 51.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global South Korea 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.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

Supply Chain Matters

MARCH 29, 2022

and China trade war had resulted in added tariffs being applied to footwear causing designers to consider sourcing within other countries, especially Vietnam. At the time, the economics of producing shoes in the region of consumption came down to the economics of cheaper direct labor across China and other Asian countries.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Logistics Bureau

JANUARY 19, 2020

I’ve been taking them around the Asia Pacific region for several years, and the seminars have received a tremendous reception in Thailand, Vietnam, and of course, Australia. Procurement and purchasing. Here are some of the topics our students typically learn about: Opportunities for cost reduction and service improvement.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Cost Reduction Strategies 52

Supply Chain Matters

JULY 7, 2022

The S&P Global Vietnam Manufacturing PMI® posted a value of 54 in June, compared to a value of 51.7 Whereas, among a grouping of developing regions consisting of China, India, Indonesia, Mexico, Vietnam and Thailand , production and supply chain activity levels declined 2.4 reported for March. percentage points from Q1 to Q2.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

JUNE 3, 2022

One apparent bright spot stemmed from the S&P Global Vietnam Manufacturing PMI® which reported production growth achieving a 13-month high in May, amid recovery from the latest wave of Covid-19 infections earlier this year. This was the first downbeat assessment of the business outlook recorded for two years.”. This index rose to 54.7

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Supply Chain Matters

MARCH 3, 2022

A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 Inflationary pressures reportedly remain a concern. for February, up from 53.7 reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

MARCH 31, 2023

Countries such as India , Vietnam and others welcome an Apple supply network presence with open arms. India along with Vietnam have the potential to be other significant markets for smartphones and consumer electronics as employment and income levels increase over the coming years.

China 52

China Sourcing Strategies Manufacturing Procurement Material Savings 52

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Supply Chain Matters

JUNE 5, 2023

Vietnam Again in the Doldrums The S&P Global Vietnam Manufacturing PMI® is here highlighted because the May value dropped deeper into contraction and “ signaling a third successive monthly deterioration in operating conditions. ” The reported May PMI value of 45.3 percentage points from the April value of 46.7,

Manufacturing Procurement 52

Manufacturing Procurement Global Optimal Sourcing Thailand 52