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Foreign Supply Chain Woes
Foreign Supply Chain Woes.
Two articles in the Wall Street Journal discuss the challenges of global supply chains. One discusses raising wages in Mexico that, combined with regulatory (aka bribery) and questionable power make the realities different from initial spreadsheet calculations. The other highlights trouble on the high seas as a major South Korean container shipping company declares bankruptcy.…
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Posted by:
Charlie Braun
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The True Cost of an Overseas Supplier
The next section of the US Commerce Department's “Assess Costs Everywhere” website (http://acetool.commerce.gov/travel) discusses the travel costs associated with having an overseas supply partner. These are certainly costs that many people overlook, but they can add up fast.
According the the website, “The average American business traveler spent $4,563 per trip abroad in 2012...
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Posted by:
Charlie Braun
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Tips to Help Guide Supply Chain Decisions
The US Commerce Department has a website that's worth checking out before making supply chain decisions. The site, called “Assess Costs Everywhere” (http://acetool.commerce.gov/overview) discusses ten different areas that should be considered when making supply chain decisions. Some of the questions the information tries
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Posted by:
Charlie Braun
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Shipping Costs and Time - Assess Costs Everywhere
The photo from the Journal of Commerce shows ships anchored off Longbeach during the 2014-2015 dock workers strike.
Unexpected demand for your product? The key is a short, close supply chain. In the last 3-4 years, an interesting development has made what was a long transit time even longer. During the economic downturn, many shipping lines have switched to what they call, "slow steaming." This is basically driving the ships slower...…
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Posted by:
Charlie Braun