Key insights

• Trade and Tariffs

  • 🔌 US considering more tariffs on Chinese imports, especially electric vehicles
  • 🏭 China may set up factories in Mexico and use USMCA to re-export
  • 💵 Discussion on the $800 tariff's impact and staying power
  • 🚚 Enforcing the 800-dollar de minimis rule and its practical challenges

• Cultural and Ethical Challenges

  • 🌐 Challenges in maintaining consistent culture and ensuring product authenticity and social compliance
  • ⚖️ Reflections on the ethical challenges of child labor and supply chain decisions
  • 🤝 Third-party validation for affirming product authenticity and social compliance

• International Supply Chain Management and Solutions

  • 🔒 Security issues such as stolen containers are a challenge in international supply chain
  • 🏗️ Infrastructure limitations and lack of end-to-end solutions can create difficulties
  • 💰 Strategies for cost management involve passing some costs to clients and diversifying supply chain risk
  • 🇨🇳 China remains a dominant producer with specialized factories concentrated in one location
  • 🦠 Importance of building resilient supply chains and the impact of COVID-19

• Supply Chain Challenges and Reshoring Strategies

  • 🌍 Supply chain challenges and disruptions have impacted sourcing strategies
  • 🔄 Reshoring to countries such as Mexico, Vietnam, and India has become a strategy to mitigate supply chain risks
  • ⛓️ Challenges with reshoring include higher production costs, infrastructure limitations, and longer lead times when sourcing from new regions

• Product Production and Supply Chain Considerations

  • 👕 Products are cut and sewn in the USA to compete against brands manufactured overseas
  • 🧢 Different types of products, including polar shirts, t-shirts, hoodies, and hats
  • 📦 Source M specializes in high-end packaging, retail, and promotional goods
  • 🌱 Considerations for sustainable materials and production methods
  • ⚖️ Trade-offs between cost, quality, and speed in the supply chain industry

• Key Speakers and Strategies

  • ⚙️ Discussion on global supply chain management amidst changing geopolitical landscape and disruptions
  • 🎤 Guests Rodney Moray and Kevin Lee share their on the ground supply chain strategies
  • 💼 Rodney discusses managing supply chain expertise at Source M
  • 🏌️‍♂️ Kevin talks about Apex International and disruption of the golf apparel industry with Julies golf

Q&A

• What opportunities and challenges are associated with the 800-dollar de minimis rule and US-China trade relations?

  The 800-dollar de minimis rule creates opportunities for Chinese companies, but enforcing the rule and checking packages is a practical challenge. The discussion also highlights the potential impact of US tariffs on Chinese imports, China's manufacturing prowess, and the importance of building trust and embracing diversity in the supply chain.

• What are the ethical considerations and economic trends discussed in the event?

  The speaker reflects on the ethical challenges of child labor and supply chain decisions, discusses the trend of companies investing in Mexico, and speculates on the impact of tariffs on inflation and consumers.

• What are the challenges faced in managing operations across multiple countries?

  Challenges include maintaining consistent culture, ensuring product authenticity and social compliance, and addressing third-party validation for affirming product authenticity. Social compliance issues in the garment manufacturing industry were also discussed.

• What are the key points highlighted in regard to the impact of COVID-19 on supply chain dynamics and the future of supply chain structure?

  The discussion emphasizes the importance of building resilient supply chains, the impact of COVID-19 on supply chain dynamics, the shift towards near shoring and made in USA products, and the role of technology, AI, and 3D printing in the evolution of supply chain structure.

• What are the challenges and solutions in international supply chain management?

  Challenges include security issues, infrastructure limitations, cost management, and diversifying supply chain risk. Solutions involve hiring security, having delay protocols in place, passing some costs to clients, and diversifying suppliers across different countries to mitigate risk.

• How have supply chain strategies shifted amidst challenges and disruptions?

  Challenges and disruptions have led to sourcing strategies shifting towards reshoring in countries such as Mexico, Vietnam, and India. However, this shift comes with challenges such as higher production costs, infrastructure limitations, and longer lead times when sourcing from new regions.

• What are the key topics covered in the discussion?

  The discussion covers the production of products in the USA, the different types of products, considerations for sustainability, and the trade-offs between cost, quality, and speed in the supply chain industry.

• What is the focus of the event hosted by UCLA Center for Global Management and sponsored by Anderson graduating class of 2022?

  The event focuses on discussions related to global supply chain management amidst the changing geopolitical landscape and supply chain disruptions. Distinguished guests Rodney Moray and Kevin Lee share their on-the-ground supply chain strategies, highlighting the challenges and opportunities in the industry.

• 00:18 An event hosted by UCLA Center for Global Management and sponsored by Anderson graduating class of 2022 discusses global supply chain management amidst changing geopolitical landscape and supply chain disruptions. Distinguished guests Rodney Moray and Kevin Lee share their on the ground supply chain strategies. Rodney discusses managing supply chain expertise at Source M, while Kevin talks about Apex International and their disruption of the golf apparel industry with Julies golf.
• 09:11 The segment covers discussions on the production of products in the USA, the different types of products, and considerations for sustainability. It also touches on the trade-offs between cost, quality, and speed in the supply chain industry.
• 16:53 The supply chain challenges, including disruptions due to political issues and market volatility, have led to sourcing strategies shifting towards reshoring in countries such as Mexico, Vietnam, and India. Challenges include higher production costs, infrastructure limitations, and longer lead times when sourcing from new regions.
• 25:06 The challenges of international supply chain involve security issues, infrastructure limitations, cost management, and diversifying supply chain risk. Solutions include hiring security, having protocols in place for delays, passing some costs to clients, and diversifying suppliers across different countries.
• 32:40 The discussion highlights the importance of supply chain resilience, the impact of COVID-19 on supply chain dynamics, the shift towards near shoring and made in USA products, and the role of technology, AI, and 3D printing in the evolution of supply chain structure.
• 40:27 The company has a presence in multiple countries, managing operations across various functions. Maintaining consistent culture and ensuring product authenticity and social compliance are key challenges. Third-party validation is crucial for affirming product authenticity. Social compliance issues in garment manufacturing industry were discussed.
• 47:55 The speaker reflects on the ethical challenges of child labor and supply chain decisions, discusses the trend of companies investing in Mexico, and speculates on the $800 tariff's impact on inflation and consumers.
• 56:17 The US is considering more tariffs on Chinese imports, especially electric vehicles. China may set up factories in Mexico and use USMCA to re-export. The 800-dollar de minimis rule creates opportunities for Chinese companies. Enforcing the rule and checking packages is a practical challenge. China remains a manufacturing powerhouse. Building trust is essential in the supply chain. Embracing diversity and openness is crucial.