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The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. This includes: Increasing domestic supplychain investments, reducing dependence on cross-border components.
A major earthquake in Taiwan. You have a supplychain risk management strategy in place. We have a problem.” The alternate source uses the same supplier in Taiwan. The problem is most companies are relatively immature when it comes to SupplyChain Risk Management. Then you get the e-mail.
SupplyChain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supplychain and sustainability. Now to the SupplyChain & Logistics News of the Week! Department of Energy.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supplychain. Peter is Vice President in the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial.
and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes — even a minor disruption could ripple through supplychains. The standoff between the U.S.
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.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Typhoon Gaemi wreaked havoc in the form of evacuations and deadly mudslides and flooding across the Philippines and Taiwan on Thursday and parts of southeast China into Friday.
China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is already having ripple effects across global supplychains, prompting detours and causing delays of energy shipments.
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.
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.
I struggle to understand why innovation in supplychain networks stalled. Like a rocket ship traveling to Mars, a new press release popped into my email each day. Innovation for supplychain leaders in building value networks stalled. appeared first on SupplyChain Shaman. There is no charge to join.
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.
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.
The recent weaponization of pagers and radios in Lebanon serves as a powerful wake-up call to CEOs and governments worldwide; businesses must improve supplychain visibility now. What does this mean for the future of supplychain risk management? Who Manufactured the Pagers and Radios?
Truly resilient supplychains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supplychain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. Recent SupplyChain Disruptions.
As I spent the time reflecting over the last three weeks, the number of articles streaming into my feed on supplychain implications was high, but most of them were wrong. Some stated that the war marks the end of the global supplychain. By definition, this requires a global supplychain.
One day in August 2022, a group of military and defense strategy experts gathered in Washington, DC, to play a game that simulated a Chinese amphibious invasion of Taiwan in 2026. and its allies would win while losing “dozens of ships, hundreds of aircraft, and tens of thousands of servicemembers.”
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?
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.
As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. 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.
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.
While the stalemate continues in Washington, things keep moving forward in the world of supplychain and logistics. Retail stores become shipping hubs to battle Amazon ( USA Today ). Neiman Marcus goes to year-round free shipping ( USA Today ). Shipping online orders from Best Buy stores could generate an extra $5.8
The same is true when it comes to your supplychain. Unfortunately, many companies are still looking at their supplychains with a lens focused solely on efficiency and the bottom line. Mode two is all about experimentation and driving revolutionary changes in how supplychains adapt to new risks and opportunities.
Ukraine requires more ships to relieve grain supplychain Last week provided some relief for global food supplychains as the first ship loaded with grain left a Ukrainian port…
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. Shipping Overview Exiger identified 13.1 Thirty-six percent of the shipments were shipped by entitles based in Vietnam. billion USD.
Alex Behrens reports, “ DHL Resilience360 recently released Stormy Weather Ahead: A Global Outlook on the 2019 Season to compile information about the impacts that even small storms can have and discuss the short- and long-term implications of these systems on existing supplychains. And it offers ways to mitigate that risk.
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! Companies rely on supplychain management to reduce costs and increase their production cycle. These developments, combined with the US-China trade war, found the supplychains experiencing unique hurdles.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Increased near-shoring in Mexico and elsewhere as companies seek shorter supplychains.
Super Typhoon Soudelor is set to hit Taiwan and China tomorrow, with a huge potential for supplychain disruption. Update 8/6/15, 22:38 PST: Typhoon Soudelor Forces Suspension of Ferry Services in Southeast Taiwan. Learn what you should expect, and how to best prepare your company’s supplychain.
Super Typhoon Nepartak is set to hit Taiwan on Thursday evening local time. Here's what you need to know in the lead up to landfall: Flights from Songshan Airport, Kaohsiung Airport, and Taiwan Taoyuan International Airport have been cancelled. SupplyChain Strategy. Last year, two large storms hit Taiwan.
But improved data forecasting and more predictable supplychains have become a boon for ocean freight, leading to an increase in ocean shipments at the expense of their more expensive aerial counterparts. The highest price for shipping any one unit (on a 50″ TV manufactured in Taiwan) was estimated at $20.
Shipping Routes: Clydebank Declaration. Signatories to the so-called Clydebank Declaration agreed to collaborate to support the creation of green shipping corridors between two or more port pairs. Carriers will be incentivised or obliged to service these maritime routes only with zero emission ships.
For those of us who rely on shipping and manufacturing businesses, the Chinese New Year shutdown is an event that we need to be aware of (and prepared for) in advance to avoid delays that could be catastrophic to our businesses. Shipping delays. Keep in mind that places like Hong Kong and Taiwan also do large shutdowns for CNY.
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?
The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supplychain disruptions. Going forward, companies will need to continue to navigate supplychain disruptions, China risk, and concerns about capital outlays in a rising interest-rate environment.”[2]
“The earthquakes that impacted southern Taiwan and Japan in the first half of the year, and the bankruptcy declaration of Hanjin Shipping caused considerable disruptions to global supplychains,” said Shahzaib Khan, director of EventWatch at Resilinc. read more.
COP21, the Paris Climate change conference taking place this week got us thinking what the carbon cost was for shipping the TV. A quick check showed that shipping the TV from Taiwan to Nashville (ocean & trucking) led to about 6.7 kg of carbon emissions. The broader climate issue.and freight’s role.
Recently, I experienced an earthquake during my trip to Taiwan. While it caused some excitement (and concern) from us visitors, our Taiwanese colleagues shrugged and one of them even made a comment that this was our welcome to Taiwan. Modern supplychains are full of shocks. Expedited shipping modes such as air shipments.
Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supplychain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.
In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates? The World Trade Organization estimates 43 billion tons of goods are shipped each year—due in part to the rising trend of eCommerce.
Some reports indicated that only three to four million iPhone devices will be ready to ship by September this year as it appears difficult for the company to ship the expected 50-60 million new iPhones. However, supplychain problems prompted Apple to cut their iPhone sales forecasts to 208.1 million for this period.
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.
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