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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.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. In contrast, Apple demonstrated foresight by relocating portions of its iPhone production to Vietnam and India. What Is Agile Procurement?
On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet. Media Partners–CargoNOW, the Logistics & SupplyChain Management Society, SupplyChain Wayne, APAC CIO Outlook and Automotive Logistics. ng, Deputy Ceo, Smartlog SupplyChain Solutions Corporation.
As a result, the focus for enterprises has moved from contending between them on conveying better quality products to reforming their respective supplychain networks. Effective supplychain design and management thereof allow companies to become leaner and more productive business operations in a stable climate.
This week, I will speak at Llamasoft’s conference on improving supplychain network design. One of the reports that I am writing is on the state of SupplyChain Planning (SCP). In the recent study of the Voice of the SupplyChain Leader , we find that the gaps are large, and growing.
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.
Raul Samaniego, Director of SupplyChain ASEAN at AJE Group. A panel session joined by: Dr Renard Siew, Climate Change Advisor at Centre for Governance and Political Studies. Francis Xaviour Joe, General Manager at Accuvio Asia. and moderated by Stephanie Krishnan, Research Director at IDC Manufacturing Insights Asia Pacific.
The Age of Agility: Building Resilience in the SupplyChain. Feature Article by Anthony Beavis, Managing Director APAC at Körber SupplyChain. Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supplychains throughout the Asia Pacific region.
Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint. Achieving Agility with Regional SupplyChains.
LogiSYM—Vietnam Digital 2020 Download the latest LogiSYM SupplyChain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the SupplyChain Industry across regions as well as globally.
Tony Lugg, Founding Member, SupplyChain Innovation Network at KATALYST. and moderated by Joe Lombardo, Business Consultant – Enterprise SupplyChains and Transformational Programs at ESP Consult. A panel session joined by: Serene Keng, Head of Channel, ASEAN+Korea at Proofpoint Inc.
Infor Nexus provides a solution that connects physical and financial supplychains and provides end-to-end visibility and supplychain agility. Surprisingly, most of the goods seized did not originate in China but rather in Malaysia and Vietnam. A buyer knows who they are buying from.
Nguyen Duy Hong, Deputy CEO at Smartlog SupplyChain Solutions Corporation. and moderated by Joe Lombardo, Business Consultant – Enterprise SupplyChains and Transformational Programs at ESP Consult. A panel session joined by: Bipin Balakrishnan, Partner – Tax at KPMG.
A panel session joined by: Joe Lombardo, Business Consultant – Enterprise SupplyChains & Transformational Programs at ESP Consult. Ganesh Krishnamurthy, Customer SupplyChain Lead, Asia Cluster at GSK Pharmaceuticals. Kyle Hegarty, author of ‘The Accidental Business Nomad’ at Business Nomad.
Industries dependent on these metals, including defense , renewable energy , electronics, and manufacturing, may experience supplychain disruptions, including delays, price increases, and supply bottlenecks, due to China’s leading role in their production. importers to find alternative suppliers.
The impact of tariffs on supplychains is no longer abstract. From the new tariffs impact on supplychains to newer policy shifts between the U.S., For global businesses relying on real-time logistics and lean inventory models, the question is how prepared is your supplychain when tariffs hit?
From the “long shot but worth a try” files, Bed Bath & Beyond is seeking tens of millions of dollars from container shipping lines, claiming the carriers willfully abandoned service commitments at the height of supply-chain turbulence to reap enormous profits from the market turmoil.
Consumers demand more transparency, governments wish to ensure homeland security, and supplychain stakeholders are seeking higher levels of visibility for optimisation and increased resiliency. Supplychain and logistics are at the centre of our economy. But technology is a means to an end and not an end in itself.
In countless surveys over the past decade, manufacturers and retailers rank “improving supplychain visibility” as one of their top priorities. Yet, despite their focus on this effort and advancements in technology, achieving timely, accurate, and complete supplychain visibility remains an elusive goal for many companies.
Managing the flow of goods within the apparel industry requires an extensive and well-established supplychain network. Since this particular industry is insanely fast-paced, any problem within the supplychain can lead to a loss of sales for the business. There are countless benefits of having an optimized supplychain.
In other Walmart news, the company is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supplychain. companies to import more from countries including India, Thailand and Vietnam. million through the Food SupplyChain Guaranteed Loan Program.
Bridget McCrea ( @BridgetMcCrea ), a Contributing Editor for Logistics Management , explains, “With the pandemic entering year two, companies are retracing the steps they took in 2020 and finding more enduring ways to shore up their supplychains not only for the pandemic, but also with a longer-term view in mind.”[1]
Essential Skills for SupplyChain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supplychain managers and leaders in Asia. SupplyChain Competency: Focuses on core competencies to optimize operations.
Many pundits insist that anyone who believes the global supplychain is going to return to normal is suffering from this form of insanity. ”[1] Noted supplychain expert Lora Cecere ( @lcecere ), founder of SupplyChain Insights, put it another way. .”[1] … What can we learn? ”[2].
Apple consider transfer of iPhone production to India or Vietnam after protests in China Apple are reportedly considering moving the means of production of the iPhone amid the workers’ continued…
The stringent measures imposed by Chinese authorities have severely disrupted the trade flow between the two neighbours, especially after several factory closures across Vietnam due to the surge in COVID-19 cases.
” Supplychain professionals, currently struggling with a relentless stream of challenges, can attest to how rapidly the world is changing and how difficult the choices are they have to make. Why supplychains need to restructure. Journalist Phil Hall reminds us that global supplychains are inherently messy.
Supplychain disruptions during the pandemic highlighted global dependence on Chinese manufacturing — and those dependencies raised serious concerns among China’s trading partners. As supplychain challenges eased and cooler heads prevailed, calls for decoupling decreased but admonitions to de-risk supplychains increased.
If the mantra of the real estate industry is “Location, Location, Location”, the new mantra of supplychain executives is fast becoming “Collaboration, Collaboration, Collaboration”. Secondary markets like Vietnam and Turkey are also getting more attention. Let’s look at some examples….
Welcome to a new monthly series where we give you the scoop on five things you may have missed in supplychain news. There’s a perfect storm in the supplychain, and it’s going to affect your holiday shopping. consumers is way up, but supply continues to bottleneck because of COVID-19 outbreaks at ports in China.
Since Inauguration Day, the landscape has shifted dramaticallywith new duties, revised agreements, and retaliatory tariffs shaking up supplychains across the globe. In a world where consistency is critical for supplychain efficiency, tariff unpredictability has become a costly disruptor.
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! SupplyChain Professional article and permission to publish here provided by Tim Moore. In my job, I have the privilege of constantly speaking with dedicated supplychain professionals globally.
XYZ is now outsourcing a lot of its manufacturing to Vietnam. “Our whole staff is complaining about working with Vietnam,” Green tells Smith, XYZ’s founder, at one of their Friday lunches. ” Social TM SupplyChain Management in Action “Is this another buzzword?” ” Smith asks.
Supplychain businesses jumping on the sustainability bandwagon. In line with the push towards sustainability in the commercial space, supplychain businesses are also ramping up on sustainability efforts. LogiSYM SupplyChain Magazine – May 2022. 5 Megatrends Shaping SupplyChain Innovations.
What happens when you ask four experts for their thoughts on supplychain transformation? And this is what they shared: How would you define supplychain transformation? If you ask me, supplychain transformation is about redefining the way you work, the way you deliver to customers, the way you operate.
You see, this shift isn’t just a temporary reaction – it’s reshaping how we think about global supplychains. This means that Australian supplychain organisations are well-placed to continue benefiting from the cheaper costs of procurement from these countries. Let me show you why.
Selecting a SupplyChain Technology Provider is Harder than it Seems. In India, the Central Government’s focus on improving all aspects of the supplychain means that all supplychain users must start thinking carefully about how to create a streamlined and agile supplychain to keep up with the changing global environment.
ILA President Harold Daggett recently hinted that, just as they did as a show of solidarity during the last ILA strike in 1977, West Coast port workers could refuse to process vessels diverted from the East Coast, which is a scenario that would disrupt supplychains further.
We are pleased to continue our 2021 series our fire-side chat column with key people in the supplychain industry. Katie describes herself as “ passionate about driving efficiency & innovation in SupplyChain through technology” – a quality that is very relevant to face-up to the many supplychain challenges in our path !
With a looming economic headwind on the horizon, the industries of the world can navigate through these challenges by riding three major trends: supplychain disruption, sustainability, and workforce turnover. To thrive and survive, it’s more than shortening time-to-market but also time-to-value.
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