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With more than ¼ of the American population still unvaccinated and the COVID delta variant causing surging infections in the US, the Centers for Disease Control and Prevention (CDC) reversed their previous guidance this week and is now recommending once more that all Americans, whether they are vaccinated or not, wear
Asia Manufacturing Costs saw sharp rises in raw material costs and strains in supply chains in Q2. Meanwhile, contrained output and the spread of new COVID variants (especially in India) fueled further negative impact on productivity and supply chains.
US-China Trade continues to grow year by year in spite of political, cultural, and geographic differences. In July of each year, both the US and China celebrate the beginnings of their countries as we know them today. On July 4, Americans celebrate Independence Day (1776) while for the Chinese, July 23rd marks the anniversary of the founding of the modern
ASD Market Week is 9 Trade Shows in 1 Central Location that features 19 Retail Categories from 2,700 Vendors from around the world. You can Find New Suppliers and Vendors, Thousands Of High-Margin Products which Consistently Achieve a 300% Mark Up and Enjoy
Supply Chain Best Practices is a topic of great interest to Source International and every progressive supply management organization. We study the market to gain insights into what the best and the brightest are doing. One such resource is Gartner, a leading research and advisory company founded in 1979
The commodity price trends in the first quarter were increased in Asia. Most of grades were increased in Plastic, Rubber, Steel, Alum, Metals, Paper, and Freight. Only Fuel was down in price in this quarter, US Dollar was only up 0.79% of the CNY than last quarter. Textiles and Ceramic were mostly flat in price. The trend for World Container Index was increased
The commodity price trends in the fourth quarter were increased in Asia. Most of grades were increased in Plastic, Rubber, Steel, Alum, Metals, Paper, Fuel and Freight. Only Currency was down in price in this quarter, US Dollar was down 3.27% of the CNY then last quarter. Textiles, Ceramic and Labor were mostly flat in price. The trend for World Container
The commodity price trends in the third quarter were increased in Asia. Most of grades were increased in Rubber, Steel, Alum, Other metal, Paper, Ceramics, Fuel, Freight. Only Plastics was down in price in this quarter. Wood, Textiles were mostly flat in price, and Labor rates were steady in the lower wage countries. The Currency was down in this quarter too,
The commodity price trends in the second quarter are mixed in Asia. Some grades of Plastics and Rubber were down in price while some grades were up or maintained the price. Steel, Alum, Metals and Freight were mostly up in prices. Paper and Fuel were mostly down in price. Wood, Textiles and Ceramics were mostly flat in price, and labor rates were steady in
Sheet metal stamping forms metal sheets and coils (also some plastics) into specific shapes. We utilize advanced press control systems to efficiently produce a wide variety of parts for low to high-volume projects in a large range of sizes and tolerances. Finishing operations to smooth and coat the surfaces complete the program.
Lets face it, finding a reliable supplier of PPE is no easy task for large health care organizations and is especially difficult for smaller clinics, doctors, and other medical offices. Shortages of Personal Protective Equipment (PPE) in the USA have reached crisis proportions and everyone is scrambling to buy direct from China’s mature market where up to 85%
Manufacturing cost drivers for the entire quarter are summarized in the chart above. Leading to the decline in manufacturing costs for the first quarter of 2020 were much lower raw material prices. Most grades of Plastics, Rubber, Steel, Alum, Metals, Textiles, Ceramics and Fuel were down in price, while Wood price was flat, and only a few select grades of Paper prices went lower.
Opposite of what the market is doing, Elon Musk, true to his contrarian nature, is heading in the opposite direction and doubling down by heavily betting on China manufacturing. His Shanghai Gigafactory 3 went online in record time last
Our customers have been asking for months about the path forward for business with China. While the future is never crystal clear, what seems evident to us is that business in China will continue to be a critical part of every global supply
Social media is buzzing these days with companies talking about all the reasons that they have for leaving China and moving their manufacturing supply chains back home or to other low cost countries. What with trade tariffs and now this crazy corona-virus, there are a lot of reasons to be concerned. We have seen a slow trend that began several years ago
ASD and Source Direct are right around the corner where we will be participating in a thought-provoking Sourcing Panel held right on the show floor with the audience participating. Las Vegas will be hopping March 22 through 25 at ASD Market Week with 9 Trade Shows in 1 Central Location including 2,700 Suppliers and over
commodity price trends in the fourth quarter were again mixed. Many grades of Plastics, Steel and Ceramics were mostly down in price. While some grades of Rubber, Alum, Paper, Textiles and Fuel prices were all up. Labor rates were steady in the lower wage countries. Freight rates according to the World Container Index increased substantially.
The commodity price trends in the third quarter are mixed in Asia. Many grades of Plastics, Rubber, Paper, Textiles and Ceramics raw materials prices were mostly down in price. While some grades of Alum, Metals, Wood and Fuel prices were all up. Labor rates were steady in the lower wage countries. The trend for World Container Index was decreased.
As the trade war looms on between the U.S. and China, Kentucky businesses are modifying business practices to navigate this new environment. What does the future hold for the relationship with China and our Kentucky businesses? How can Kentucky continue to leverage
