Time to Take a Closer Look at Indirect Savings

Purchasing teams have endured a constant state of crisis since Covid 19 shut down most manufacturing in early 2020. Material shortages and seemingly endless price increases have interrupted nearly any strategic focus as teams have been overwhelmed with “chasing parts” and fighting off supplier price increases to the best of their abilities. Now that the…

Are Suppliers Ready to Compete for Your Business?

Is it time for North American purchasing teams to refocus on strategic sourcing? After staggering material shortages and unheard of ocean freight costs, purchasing teams are seeing glimmers of light that suppliers might be ready to compete for business once again. There’s a lot of evidence that supply markets for many commodities are beginning to…

Outlook for Corrugated Packaging

APD recently delivered a webinar on Reducing Corrugated Packaging Costs in which we discussed the current state of supply and demand dynamics and shared what companies can do to optimize costs in the current environment. This post highlights some of interesting information shared. You can download the on-demand webinar recording here. Corrugated packaging costs have…

Is It Time to Optimize Your Cardboard Packaging Buy?

It’s been a rough time to be a buyer of cardboard packaging. Corrugated paperboard prices have been rising rapidly – up nearly 40% in past 20 months. Cardboard supply lead times have been painful, with some suppliers selectively firing customers to ensure they can fulfill their most profitable orders. And demand is expected to continue…

Manufacturers Intensify Sourcing from Mexican Suppliers

In recent days, we’ve had several conversations with manufacturing business leaders focusing on the potential crises looming in both Asia and Europe, potentially affecting their suppliers. They are concerned that intense Chinese military drills in the area surrounding Taiwan and Russia’s slashing of natural gas supplies to Europe are going to impact suppliers’ ability to…

Identifying Suppliers in Mexico

Finding suppliers in Mexico has become much more difficult with the rapid surge of nearshoring activities in the past 18 months.  Recently, seven C-level executives and purchasing leaders at manufacturing companies shared their experiences related to finding suppliers in Mexico at an online Executive Roundtable.  One topic that stood out was the increasing emphasis on…

Nearshoring to Mexico

Industry Discussions on Nearshoring to Mexico Over the past few weeks, APD hosted 15 manufacturing executives and purchasing leaders in a series of small group Executive Roundtables to discuss best practices related to nearshoring to Mexico. Some of the more interesting discussion points are summarized below. Vice President of North American Purchasing for a sunroof…

Why U.S. Manufacturers are Expanding Their Mexico Supply Base in 2022

After decades of rapidly increasing the amount of sourcing in Asia, U.S. manufacturers are accelerating efforts to reduce costs and shorten their supply chains by “nearshoring” to Mexico. There are three main drivers that are bringing urgency to this issue and one little known reason why the time is right for expanding your supply base…