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Global Supply Chains, Offshoring & Reshoring - Coggle Diagram
Global Supply Chains
Offshoring
Air freight > more expensive - faster
Customs and excise
Shipping containers > cheap transportation cost - slower
Costs
Market flexibility?
Local supply base
Real estate purchase in other countries?
World Bank
150 best logistical countries
Competence of logistics providers
Track and trace of shipments
Cost and ease of shipments
Quality of transportation, IT infrastructure
Cost of domestic logistics
Customs clearance process
On time delivery
Total supply chain cost
Capital costs
Transportation costs
Exchange rates
Regional logistics assessment
Look for yourself
Rightshoring
Inshoring
Nearshoring
Reverse globalisation
Labor cost > cheaper but short term benefit only
Offshoring & Reshoring
Reactive international sourcing
Global sourcing networks
Proactive international sourcing
Domestic sourcing