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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. In contrast, Apple demonstrated foresight by relocating portions of its iPhone production to Vietnam and India. For example, U.S.-based

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LogiSYM—Vietnam Digital 2020 – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet. This collective source of rich knowledge, industry experience and market buzz, is a very unique opportunity and one which has made this event a great success. Vietnam has spent no effort for a decade to be full member of such agreements.

Vietnam 211
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Supply Chain Risk Management: Risks of Relocating a Business ‘China to Vietnam’

The Logistics & Supply Chain Management Society

Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. Japan’s Nintendo also pulled out some of the portion of its video game production from China to Vietnam because of the ongoing trade wars. Source: Vietnam Briefing.

Vietnam 35
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Global Supply Chains in Flux as U.S. Tariffs on Canada, Mexico, and China Take Effect

Logistics Viewpoints

auto parts are sourced from Mexico, making the tariff impact immediate and severe. Industry Mitigation Strategies To counteract the rising costs and supply chain delays, technology firms are focusing on: Expanding manufacturing capabilities in non-tariffed countries like Vietnam, Thailand, and India. Approximately 40% of U.S.

Mexico 241
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China Announces Export Controls on Five Critical Minerals

Exiger Perspectives

China's Production of Impacted Minerals Source: Bloomberg In recent years, China restricted the exports of several other critical minerals. According to the US Geological Survey, other leading producers of tungsten include Vietnam, Russia, Bolivia, and Rwanda. China is the top producer of all five recently restricted metals.

China 105
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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.