Over the past 3 years, I have read a number of articles pushing importers to draw a supply chain map. They argue it is extremely important, to avoid getting caught by surprise again. (And most of those articles are written by software vendors...who offer a somewhat-automated way to create such a map.) On the other hand, what is the reality for companies that buy products from China, Vietnam, or other low-cost countries? They'd sure like to have a fully detailed map of their tier-1, tier-2, … [Read more...]
Manufacturing in China: Assess the Risk Level and Take Action
A few days ago, I was fortunate to have the opportunity to do a video interview with the authors of the upcoming book Enterprise China, which analyzes the business strategy of Chinese firms in general (and their tight links to the Chinese government). I asked about the way companies that manufacture products in China should feel about it, how they should analyse geopolitical risks, and what they should do about it. Here is a 10 min excerpt from our conversation that, I am sure, you will … [Read more...]
Supply Chain Risk Analysis: Learn from Past Issues
I have written a number of posts over the past couple of years about supply chain risk management. This one is a short addition to the series. As I wrote before, volatility, uncertainty, complexity, and ambiguity (collectively called VUCA) are making supply chain managers' jobs much more difficult than in the previous 30 years. The latest hair-raising events are the sudden lockdowns of certain cities and provinces of China, forcing tens of thousands of factories to stop all activity … [Read more...]
How Does Mexico Compare To China As A Manufacturing Base? [Podcast]
![How Does Mexico Compare To China As A Manufacturing Base? [Podcast]](https://qualityinspection.org/wp-content/uploads/2021/08/HowDoesMexicoCompareToChinaAsAManufacturingBasePodcast-1140x445.jpeg)
In this episode… Dan Harris from China Law Blog recently wrote: "Mexico is the New China" and Manufacturers are Moving There. Renaud Anjoran and Adrian from the team explore the topic of nearshoring to locations like Mexico, why it may especially suit US companies, what Mexico's manufacturing pros & cons are in comparison to China, assessing your supply chain risk, and Renaud finishes off by giving some guidance for importers who are interested in moving some or all of their … [Read more...]
Strategies For Reducing Lead Times From Suppliers In China [Podcast]
In This Episode… We discuss reducing lead times from suppliers in China or other countries in Asia like Vietnam. Lead times are the time you can expect the process of getting your order from a supplier to take, from placing the purchase order, for the supplier to obtain and check materials, manufacture the goods, and then ship them to you. There are many separate elements involved here on the supply chain and manufacturing sides and so plenty of opportunities to make improvements and reduce … [Read more...]
Have You Revised your Supply Chain Risk Analysis?
Last year, I wrote about the Business Continuity Plan (BCP). More and more companies request their suppliers to prepare a BCP, as a structured approach to performing a supply chain risk analysis to get prepared for the risks they are exposed to. If you haven’t revised your BCP in 2020 and 2021, you have probably been caught off guard by recent events. But the question everyone is wondering is, ‘can we even forecast what is going to happen?’ … [Read more...]