The World Trade Category

Don’t Lose Your Shirt: American Apathy to Reshoring

Made in USA

Spend Matters welcomes this guest post from Oliver Everhard, an associate with GEP.

For decades, conventional wisdom has said that anything you can manufacture offshore — in particular, less skill-intensive products like clothing — will end up costing your company less. From a cost perspective alone, this is likely true. Yet “reshoring” — the process of bringing manufacturing back into the United States — has become an increasingly popular option for American companies.

Verisk Maplecroft Releases Latest Geopolitical Risk Outlook: Keep An Eye on Emerging Markets

risk

Emmanuel Macron’s win in the French presidential election was a temporary boon for geopolitical stability, as was Moon Jae-in’s election as the new president of South Korea. U.S. president Donald Trump, however, has managed to become even more of a wildcard. In addition to the above, many emerging markets are at risk of growing instability, according to global risk research firm Verisk Maplecroft, which recently released its 2017 Geopolitical Risk Outlook.

David Cameron at ISM: Heartfelt, Candid and Relevant

Earlier Tuesday, former U.K. Prime Minister David Cameron gave the keynote address at ISM. I tried to live tweet some of his more memorable statements (see the highlights below or the full summary @jasondbusch). Cameron’s was a heartfelt, candid and relevant talk — his first since leaving office to such a crowd, apparently — by a still young politician with a deft rhetorical touch.

ISM 2017: Highlights from David Cameron’s Keynote

The Tuesday session of ISM’s annual event kicked off with a keynote from David Cameron, former prime minister of the United Kingdom. In a speech covering various geopolitical and public policy issues, Cameron explored how the forces of globalization, automation and the environment are changing global business and the supply chain. Missed the speech? Check out some of the more quotable quotes Cameron’s keynote below, including his advice for U.S. President Donald Trump.

Navigating Uncertainty: Pool4Tool’s Roger Blumberg on Where Manufacturing Procurement Technology is Headed

Toyota supply chain

Last week we featured a new interview series focused on the technology renaissance coming to direct materials procurement. In collaboration with our sister site MetalMiner, Spend Matters Founder Jason Busch questioned procurement technology leaders and experts on the reasons this renaissance has begun, as well as how procurement and supply chain professionals are using technology to navigate volatile global trade trends. This interview features Roger Blumberg, chief commercial officer at Pool4Tool, which works with leading manufacturers such as Miele, Swiss Steel and Tower Automotive.

Ethiopia’s Apparel Sector Beset By Land Disputes and Labor Risks, New Research Finds

apparel

As a sourcing destination for apparel companies, Ethiopia can hardly be called up-and-coming anymore. Since 2013, East Africa — and Ethiopia in particular — has been on the radar of apparel companies seeking low-cost manufacturing labor. New research from global risk consulting firm Verisk Maplecroft, however, suggests that Ethiopia’s apparel sector is likely to face significant risks in the near future, from land disputes to human rights concerns to political protests and instability.

Where is Manufacturing Procurement Technology Headed? An Interview with Keith Baranowski, Global Vice President and GM, Direct Materials Sourcing, SAP Ariba

manufacturing

Our sister site MetalMiner recently started a series of interviews with a range of experts at technology vendors. This interview features Keith Baranowski, global vice president and GM, Direct Materials Sourcing, SAP Ariba, which works with leading manufacturers such as Ford, Microsoft and Johnson & Johnson.

Where Manufacturing Procurement Technology is Headed: A New Interview Series

manufacturing

Why have procurement technology vendors initiated a “direct procurement” renaissance, and what changes within manufacturers have started to make this possible? This line of questioning forms the backbone of a new interview series over on our sister site MetalMiner, in which Spend Matters Founder Jason Busch questions multiple experts at technology vendors on these and related topics.

Week in Metals: New Steel Imports Probe Will Be Based on National Security

Chinese demand

Another investigation and analysis of cheap steel imports coming to the U.S. was ordered yesterday by President Donald Trump. The Commerce Department will recommend to Trump whether or not to invoke Section 232 of the Trade Expansion Act of 1962, an action that would treat dumped steel imports as a threat to national security. The Week in Metals brings you the latest in procurement and supply chain news from our sister site MetalMiner.

The Week in Metals: Administrative Review Hikes South Korean OCTG Duties

cargo theft

This week, the Department of Commerce announced in a press release that it is exercising its authority under Congress for the first time to address market distortions in the production of foreign merchandise, particularly oil country tubular goods (steel pipes and supporting sections) from the Republic of Korea. Administrative review allows Commerce to calculate dumping margins that “more accurately account for the unfair pricing practices of foreign exporters.” The Week in Metals brings you the latest in procurement and supply chain news from our sister site MetalMiner.

The Week in Metals: China Hongqiao May be the Canary in Chinese Aluminum’s Coal Mine

steel

The largest aluminum producer in the People’s Republic, China Hongqiao, suddenly finds itself on the hot seat. China’s traditionally opaque reporting structure has allowed some firms to present their results in a less-than-honest way, and auditor Ernst & Young has flagged its client as needing more review. The Week in Metals brings you the latest in procurement and supply chain news from our sister site MetalMiner.

The Week in Metals: We Hardly Knew Ye, EPA Clean Power Plan

The Trump Administration sent the EPA Clean Power Plan back for review this week, all but assuring its bureaucratic death. It was never implemented after a court challenge, and the administration will likely scrap it altogether since it has gone or record opposing its limitations on industry. The steel industry, among others, applauded its death. We also report on a recent conference where one of the best-attended seminars was about value-added products offered by successful service centers. The Week in Metals brings you the latest in procurement and supply chain news from our sister site MetalMiner.