-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Jabil Enhances Supply Chain Network Optimization with New T3 Policy Readiness Assessment
June 28, 2017 | Business WireEstimated reading time: 2 minutes
Jabil Inc. today introduced the T3 Policy Readiness Assessment service to help companies better understand and respond to potential changes in global trade, tax and tariff policies. Fueled by Jabil’s Intelligent Digital Supply Chain (IDSC), the service integrates optimization algorithms and simulations with meaningful, data-driven insights for improving manufacturing agility while lowering cost and risk.
“The ability to quickly analyze, assess and execute optimal manufacturing operations locally or globally is crucial to staying competitive and relevant in the digital economy,” said Don Hnatyshin, SVP, chief supply chain & procurement officer at Jabil. “Our new T3 Policy Readiness Assessment service is meeting an urgent need for rapid feedback based on real-world data so customers can make well-informed decisions during times of geo-political uncertainty.”
According to the World Trade Organization, approximately 300 active regional trade agreements are currently in place globally1. Even minor modifications to these pacts can impact manufacturing and supply chain decisions, including potential revisions to the North American Free Trade Agreement (NAFTA), the possible implementation of import tariffs on specific products and broader changes to bilateral trade agreements between the U.S. and other nations. Jabil’s enhanced supply chain network optimization service proactively anticipates and helps answer questions facing companies today, including:
- How will changing tariffs impact our manufacturing footprint decisions?
- How would a Border Adjustment Tax (BAT) affect profits?
- Will tariff changes impact manufacturing in the U.S.?
- Does manufacturing closer to the U.S. make more sense for our business?
Actionable, Fact-Based Assessments In As Little As Six Weeks
Each T3 Policy Readiness Assessment delivers benchmarking data on costs and risks associated with manufacturing in different geographies, leveraging Jabil’s vast domain expertise, predictive analytics, deterministic modeling and network optimization tools. Complementary global tariff and tax policy, administration and modeling provide broader perspective to identify policy change probabilities and their impact.
Additionally, organizations receive manufacturing and distribution footprint impact assessments based on fluctuations in trade agreement policies. Each evaluation offers insights on domestic manufacturing strategies, enabling U.S. companies to quickly determine the viability of moving manufacturing closer to end-markets to better accommodate American customer demand. Equally important, the assessment measures supply chain risks, especially if moving a supply base from Asia to the United States creates single-source suppliers.
In Gartner’s 2017 “Supply Chain Brief: U.S. Businesses Consider Supply Chain Ramifications of Policy Changes as New Administration Takes Office,” the firm stated that “companies in all industries should begin to evaluate scenarios for possible changes to their global supply networks so they are prepared to act if policies are defined. Consider the trade-offs for design choices, such as sourcing partner or location changes, trade and tariff changes and manufacturing labor costs, in light of the overall strategy.”
Jabil’s T3 Policy Readiness Assessment service is available immediately, with findings and recommendations deliverable in as little as six weeks, ensuring customers can transform supply chain and manufacturing operations with exceptional speed and agility.
About Jabil
Jabil is a product solutions company providing comprehensive electronics design, production and product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 28 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL.”
Suggested Items
SEMI Applauds U.S. Chips Act Award for Samsung Electronics Facilities to Strengthen Domestic Semiconductor Supply Chain
04/17/2024 | SEMISEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips.
Ark Electronics Expands Global Manufacturing Factory Network in North America and Europe
04/17/2024 | PRNewswireElectronic Manufacturing Company Ark Electronics recently announced the expansion of its Global Factory Network with the addition of Electronics Manufacturing Service (EMS) capabilities in Mexico and Europe.
SIA Applauds CHIPS Act Incentives for Samsung Manufacturing Projects in Texas
04/16/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Samsung.
Report Reveals ‘True Impact’ of Manufacturing is Nearly a Quarter of UK GDP
04/15/2024 | Manufacturing Technologies AssociationManufacturing is having a far greater impact on the UK economy than first thought according to a major new report released today.
Design Community Town Hall Review
04/11/2024 | Kelly Dack, CID+, EPTACThe Design Community Town Hall took place on the afternoon of April 10, 2024. I was fortunate to attend this event, which marked an opportunity for members of some newly found design groups to get together and exchange ideas. Peter Tranitz, senior director of solutions for IPC, opened the session with a slide presentation introducing these new groups and members within the solutions department.