Oct. 18, 2021 | Today's news and insights for supply chain leaders Note from the editor As companies re-examine their supply chains, products made in China are receiving additional scrutiny.
Rising wages, lead times and transport costs are among the factors making China a less-than-ideal destination for offshore production. As a result, buyers looking to diversify their sourcing base are adding suppliers in Latin America and Southeast Asia — though they carry risks, too.
Read our latest deep dive for a look into the reasons and risk factors behind the modern shifts in sourcing.
Edwin Lopez Senior Editor, Supply Chain Dive Twitter | elopez@industrydive.com
The expected slowdown brings another challenge for shippers, who already face limited capacity and high spot rates trying to move freight from Asia into the U.S. for the holiday season. | Deep Dive The change in tone from U.S.-based supply chains is not a mass exodus from China. Instead, it's an approach that embraces diversification. | A new bill would create the Office of Supply Chain Resiliency and Crisis Response to monitor and respond to disruptions. | Industrial business leaders must find ways to maximize their existing workforce through better technology, more accurate labor management, and improved flexibility and retention practices. | The retail giants outlined proactive measures they have taken to get goods into the country and onto shelves. For their smaller peers, the pressure is tighter. | The goal is to transition quickly to round-the-clock operations, but "it's not a single lever we can pull today to open up all the gates," the Port of Los Angeles' Gene Seroka said. | From Our Library Webinar - on demand CalAmp | Webinar - on demand EasyPost | Webinar - on demand BillerudKorsnäs | View all resources What We're Reading Retail Dive | Air Cargo News | CNBC | Fortune | Automotive Logistics | Upcoming Event Oct. 20, 2021 - Oct. 20, 2021 | Webinar 2 pm ET | Dive Into a Topic |
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