The World Trade Category

Mitigating Trade War Risks: Do Procurement Organizations Have the Data Needed to Respond?

trade

What’s the best tool procurement organizations have to mitigate risks in the U.S.-China trade war? In a word, data. The Trump administration’s Section 232 and 301 probes have led to billions of dollars’ worth of tariffs, igniting a U.S.-China trade war. And the tit-for-tat duties are only likely to escalate: The Office of the U.S. Trade Representative in July published a list of additional Chinese goods to tax — to the tune of $200 billion. With everything from vaccines to nuclear reactor parts to metals beyond steel and aluminum up for consideration, escalating trade tensions have introduced numerous unforeseen risks into procurement and supply chain organizations.

U.S. Apparel Industry Scrambles to Diversify Sourcing Strategy in Wake of Escalating U.S.-China Trade War

apparel

For many U.S. companies in the apparel industry, the old sourcing strategy of “made in China” is turning into “China plus Vietnam plus many,” with emphasis on the many. As Washington and Beijing continue to one-up each other’s tariff threats, the prospect of a looming trade war is driving U.S. apparel companies to further diversify their sourcing strategy and shift production away from China. While China remains the top sourcing destination for the U.S. apparel industry, the country now accounts for 11%–30% of companies’ total sourcing volume, compared to 30%–50% in the past.

Commodities Roundup: Down Auto Sales, Chinese Capacity Cuts and Slowing Steel Price Momentum

manufacturing

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

A.T. Kearney’s 2018 Reshoring Index: Has the Reshoring Trend Reversed?

Toyota supply chain

Harley-Davidson was in the news last month when it announced that it would be shifting some production overseas as a result of the E.U.’s planned retaliatory tariffs on the U.S. The American motorcycle manufacturer is also closing its Kansas City factory and opening a plant in Thailand, decisions that were spurred by sluggish domestic sales and the U.S.’s withdrawal from the Trans-Pacific Partnership (TPP). As it turns out, Harley-Davidson is hardly alone. Since 2013, A.T. Kearney has been tracking reshoring, and its 2018 Reshoring Index shows that the practice has not taken hold.

Prices Move South for Brazilian Soft Commodities on Oversupply and a Weak Real

sugar

Spend Matters welcomes this guest post from Corrina Hutchings, senior market analyst at Mintec.

During the Rio Olympics 2016, we wrote an article on Brazil and the country’s major commodities, predominately sugar and coffee. Differences between the market place back then and in recent months are notable, to say the least.

Commodities Roundup: The Iron Ore-Steel Disconnect, Gold Prospects and M&A Activity

Chinese demand

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

U.S. Soybeans Under Pressure Amid Tensions With China

GMO

Spend Matters welcomes this guest post from Jonathan Stokes, market analyst at Mintec.

U.S. soybean prices fell dramatically during July, reaching their lowest levels since 2009. At their lowermost point, prices had fallen 20% from the beginning of the month, as a combination of factors centered around improving crop prospects and concerns over reactionary Chinese tariffs weighed heavily on the market.

Commodities Roundup: LME Debuts New Pricing Functionality, India’s Coal Shortage

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Trade and Geopolitics Top U.S. Businesses’ Global Expansion Worries, Survey Finds

sustainability

Geopolitical uncertainty, trade disputes and compliance issues are top of mind for U.S. businesses with an eye on global expansion, whether that’s opening new international offices, expanding the supply chain or acquiring non-U.S. businesses. These findings come from a recent study by Tipalti and Censuswide Research, surveying more than 500 decision-makers at mid-sized U.S. businesses on challenges they’re facing in during international expansion efforts.

Commodities Roundup: Chinese Steel Production Hits Record High, Section 232 Auto Hearings Begin

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Commodities Roundup: Base Metals Hit a Downtrend, The Future of Iron Ore

direct materials procurement

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Largest U.S. Cheese Stockpile for 100 Years Weighs Down on Prices

Spend Matters welcomes this guest post from George Duke, analyst at Mintec.

The U.S. is once again experiencing an oversupply of dairy. Cheddar barrel prices are currently at their lowest levels since 2010, with 1.39 billion pounds of cheese stored in U.S. warehouses weighing down on prices. The current stockpile of cheese is the largest since records began in 1917.