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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.
With many years of experience using precision lathes, mills, drills, and saws, Source International has perfected CNC machining techniques to produce high-quality parts that meet the tightest specifications. Our ISO 9001 certified facilities
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
ASCM 2019 features keynote by Fareed Zakaria, CNN Worldwide host, Washington Post columnist, and best-selling author. There will also be a lineup of knowledgeable thought-leaders addressing end-to-end supply chain topics. Each individual has been carefully selected to ensure a broad range of content, viewpoints and topics. Presenters include respected business leaders, authors, educators and innovators
The commodity price trends in the second quarter are down in Asia. Many grades of Plastics, Steel, Metals, Fuel, Textiles and Ceramics raw materials prices were mostly down in price. While some grades of Alum, Wood and paper prices were all up. Labor rates were steady in the lower wage countries. The trend for World Container Index was increase. Only
Our cloud-based Supply Information System (“SIS”) platform helps our customers eliminate gaps in the product concept to delivery process and provides our whole integrated teams real-time, 24/7, end-to-end visibility on the status of all supply chain activities through a private, secure, personal portals. Imagine having all of your product engineering,
The commodity price trends in the first quarter are mixed in Asia. Many grades of Rubber, Metals, Wood, Paper, Ceramics raw materials prices were mostly down in price. While some grades of Steel, Alum, Textiles and Fuel prices were all go up. Also Labor rates were up in the lower wage countries. The trend for World Container Index was down.
The commodity price trends in the fourth quarter are mostly down in Asia. Many grades of Plastics, Rubber, Steel, Alum, Metals, Paper, Textiles raw materials and Fuel prices were mostly down in price while some grades of Wood, Freight went up in price. Labor rates were steady in the lower wage countries, and Ceramics price was mixed.
The commodity price trends in the third quarter in Asia are mostly up. Many grades of Plastics, Rubber, Steel, Alum, Wood and Paper raw materials rose in price while some grades of Metals, Textiles and Ceramics went down in price. Petroleum and fuel prices were up in this quarter and labor rates were steady in the lower wage countries.
Experience the future of manufacturing and product development. Join us at FABTECH from November 6-8 at the Georgia World Congress Center in Atlanta where the metal forming, fabricating, welding and finishing community come together to see what’s new and what’s next. Source International will be giving a presentation on Smart Manufacturing Product
Thanks to everyone who attended “Three Tips For Ensuring Quality At Outsourced Suppliers” at the 2018 APICS conference in Chicago October 2nd. The topic drew a great crowd with lots of good input and questions from the
In the beautiful and fresh nature, the teams played three games. The first game was called kangaroo jump which need to put their feet into the bag. The second was “number convey game ” for testing everyone’s tacit understanding. The last and the most exciting game was “Rip the nametag off.
