We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Regionalized supply chains are on the rise
Forward Thinking

Regionalized supply chains are on the rise

November 6, 2015
Supply Chain Quarterly Staff
No Comments

Big changes are coming to the engineering and manufacturing sector (which includes the four subsectors of aviation and aerospace, nonenergy mining, industrial equipment, and construction equipment) according to a recent report by third-party logistics giant DHL. New markets are developing in emerging economies. Customers are increasingly demanding customized products and services. And technologies, such as the industrial Internet of Things, are allowing plants and factories to respond more quickly to customer demand.

One of the main outcomes of these changes may be the rise of "regionalized" supply chains, according to "Building the World—A DHL Perspective on Future Engineering & Manufacturing Supply Chains."

One reason, the report says, is that demand for engineering and manufacturing products is becoming more geographically diverse. While China and India continue to grow in importance, demand for engineering and manufacturing products is also building in the so-called MINT countries of Mexico, Indonesia, Nigeria, and Turkey. Meanwhile, there has been an increase in manufacturing operations moving from low-labor-cost locations to more developed countries. For example, in 2014, about 60,000 manufacturing jobs were brought back the United States, the report says. This "reshoring" trend has given rise to a corresponding increase in demand for related products such as industrial equipment and construction equipment.

At the same time that demand for such products has become geographically more dispersed and fragmented, it has also shifted from large orders of standard products to more customized orders. Accordingly, more manufacturing and engineering companies are discovering that they must adopt a service-oriented business model in order to stay competitive.

Manufacturing
    • Related Articles

      Survey: Strategy, culture are key to developing the connected factory worker

      Smart factories can transform supply chains, but also bring hurdles, Gartner says

      Security, digital capabilities are ripe for disruption

    Recent Articles by Supply Chain Quarterly Staff

    More women join trucking industry as technicians

    GE Appliances unveils $450 million upgrade to manufacturing plant in KY

    Freight technology provider Loadsmart acquires computer vision platform provider

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Wabash opens trailer manufacturing facility in Indiana

    • Six defining challenges of omnichannel fulfillment

    • Postal advocacy group says “excessive” July 9 stamp price hike will hurt consumers

    • California bill would require large corporations to disclose their greenhouse gas emissions

    • Panorays extends risk management throughout the digital supply chain

    Featured Video

    8757b894 244c 4429 b5d8 e6df7b479d82

    Penalties for Wood Packaging Material Violations

    Viewer Contributed
    Our Services Include: Customs Broker Denver Freight Forwarder Denver Global Logistics Denver Cargo Insurance Denver Customs Bond Denver Customs Clearance Denver Customs Duty Denver Isf Filing Denver More details: Phone : 281-445-9779 Email: info@gallaghertransport.com Website: gallaghertransport.com

    FEATURED WHITE PAPERS

    • Five questions to ask before electrifying your indoor forklift fleet

    • Operator assist system myths busted

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing