The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

The Logistics & Supply Chain Management Society

JUNE 10, 2021

My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement. Family reasons relocated me to Bangkok in 2011. .

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

DELMIA Quintiq

DECEMBER 7, 2015

In e-commerce, the supply chain begins from the point we procure our products to the point they reach the distribution center (DC) and finally, to the customer’s doorstep. In countries like Indonesia, Vietnam and the Philippines, where labor costs are still relatively low, using manpower makes more sense than automation technology for now.

Supply Chain Planning Software 120

Supply Chain Planning Software Singapore Supply Chain Software Forecasting Software 120

Supply Chain Matters

JANUARY 7, 2025

At the end of 2024, global production and procurement activity levels are equivalent to the beginning of 2019, the year prior to the Covid-19 global pandemic. ( manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. and thus 2024 provided a 0.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Procurement Analytics 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Shortage management is a strategic approach that evaluates the number of items required by a specific date, guiding purchasing managers to procure items accordingly. He has a combined 32 years of research and teaching experience in Australia, Singapore, China, Dubai, Indonesia, Malaysia, and Vietnam.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain View from the Field

FEBRUARY 21, 2014

In its current form the Trans-Pacific Partnership (TPP) is a potential free trade agreement (FTA) between the US and 11 Asia-Pacific (APAC) countries (Canada, Mexico, Peru, Chile, Japan, Vietnam, Brunei, Singapore, Australia, Malaysia, and New Zealand). The United States currently has FTA’s with six (6) of the 11 TPP countries. Gupta, Ph.D.

Brunei 76

Brunei Peru New Zealand Chile 76

Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

Sourcing Strategies 108

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Sourcing 108

Supply Chain Matters

NOVEMBER 4, 2024

Additional sourcing in India along with Vietnam , provides access to future markets along with government subsidies. They further provide access to lower cost labor and supply network resiliency in the wake of a rapidly changing geopolitical landscape.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Cost Reduction Strategies India 52

RFgen

APRIL 18, 2025

Do they absorb the blow, hike prices, or race to find a new supplier in Vietnam? ERP and inventory systems are being upgraded to track landed costs, simulate tariff scenarios, and adapt procurement strategies on the fly. Imagine a mid-market fitness equipment company sourcing metal frames from Taiwan.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52

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

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

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 64

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 64

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

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 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

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

FEBRUARY 19, 2024

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Reportedly, the vast majority of detained goods were produced in either Malaysia, Vietnam or Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

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

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 Supply Chain Design Software 59

Supply Chain Matters

OCTOBER 3, 2024

Manufacturing regions that were previously demonstrating growth momentum such as China , India , and Vietnam, each contracted by the end of the quarter. manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. United States The two followed indices of U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

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

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 66

Manufacturing Procurement Global Supply Chain Software Supply Chain 66

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

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 59

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Cost Reduction Strategies 59

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

Bristlecone

FEBRUARY 26, 2019

It took a mere 18 weeks for Bristlecone to lead a Middle Eastern steel manufacturing client on a transformation journey that took them from manual processes to a powerful new procurement solution. Details Coming Soon. BRISTLECONE AROUND THE WORLD. We go the distance. Where can Bristlecone go for you? GLOBAL LEADER. INDUSTRY INNOVATOR.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software SAP 40