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Tariffs and Procurement (Part 2): Tariff management and building an action plan

Spend Matters

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

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How AI and Automation are Transforming Manufacturing Supply Chains

Jaggaer

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

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The Impact of Audio Translation in Cross-Border Supply Chain Crisis Management

SCMDOJO

In the hyper-connected global economy of the present day, supply chains traverse continents, cultures, and myriad communication barriers. Procurement staff must send alternate sourcing orders. In regular times, coordinating these operations is already a difficult undertaking.

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Private Equity’s Impact on Supply Chain Innovation and M&A: Legal Risks & Insights

SCMDOJO

To deepen your understanding of import/export regulations, local sourcing mandates, and customs strategy, the Global Trade Management Course equips you with vital skills for managing cross-border supply chain risks. Overlapping Trade Laws: Different countries have their own rules on imports, exports, and local sourcing.

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2021 Supply Chain and Inventory Management Trends

EazyStock

in May 2020 compared to May 2019, especially affecting exports from the US, Japan and the EU. Let’s look at the impact of each of these trends and see how you can incorporate them into your supply chain for 2021. Supplier diversification is a key component for supply chain resilience. Automation.

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Tracy Kosiarek on the People Side of Supply Chain Innovation

Let's Talk Supply Chain

Supply chain resilience and innovation to quickly respond to market disruption are more critical than ever amidst ongoing regulatory changes and geopolitical tensions. If you work in supply chain then you know that as long as theyve been around, theyve traditionally been used as a way to protect domestic industries.

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Exit the Dragon: Shifting Manufacturing Out of China

Una

These tensions have led to the imposition of tariffs, export restrictions, and other trade barriers, making it more challenging and expensive for U.S. Supply Chain Resilience and Diversification The COVID-19 pandemic highlighted the vulnerability of global supply chains , particularly those heavily reliant on a single source or location.

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