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🚀 Join Host Jonathan Bench and guest speaker Pete Mikhjian, Chief Revenue Officer at Supply Chain Resources Group as they discuss the dynamic and changing landscape of Optimizing International Supply Chains. With a robust background in bringing products to market and a wealth of experience in maximizing efficiencies through world-class engineering talent, Pete brings invaluable insights into tackling complex manufacturing challenges and leveraging offshore markets. Subscribe to our channel to stay tuned: https://cutt.ly/Ew5R2O3l In the intricate dance of global commerce, where products journey across continents and borders to meet the demands of consumers worldwide, lies the heartbeat of international supply chains. It's a symphony of logistics, economics, and innovation, orchestrated to synchronize the movement of goods efficiently and seamlessly. "Optimizing International Supply Chains" delves into the depths of this complex ecosystem, offering a comprehensive exploration of strategies, challenges, and best practices in navigating the global flow of goods. At its core, optimizing international supply chains is about maximizing efficiency while minimizing costs and risks. It's a perpetual quest for equilibrium amidst the dynamic forces of global trade, where every decision reverberates across the entire network. From sourcing raw materials to manufacturing, warehousing, transportation, and distribution, each node in the supply chain presents both opportunities and obstacles, demanding a holistic optimization approach. This comprehensive guide begins by laying the groundwork, elucidating the fundamental principles that underpin international supply chain management. It explores the intricacies of demand forecasting, inventory management, and procurement strategies tailored to the complexities of global markets. With the rise of digital technologies and data analytics, the landscape of supply chain management has undergone a profound transformation, ushering in an era of unprecedented visibility and agility. However, the path to supply chain optimization is fraught with challenges, from geopolitical uncertainties and trade tensions to natural disasters and global pandemics. "Optimizing International Supply Chains" equips readers with the tools to navigate these turbulent waters, offering insights into risk management strategies, contingency planning, and resilience-building measures to safeguard supply chain continuity. Throughout the book, real-world case studies and industry examples offer practical insights and inspiration, illustrating how leading companies have successfully optimized their international supply chains to gain a competitive edge in the global marketplace. Whether you're a seasoned supply chain professional seeking to refine your strategy or a business leader navigating the complexities of global trade, "Optimizing International Supply Chains" serves as an indispensable guidebook, illuminating the path toward supply chain excellence in an interconnected world. The #LegalLunchByte is a digestible 15-minute legal chat served weekly at 11 AM MST. ⭐Stay legal, stay informed.⭐ Connect with Pete Mikhjian on LinkedIn - / pete-mikhjian Connect with Harris Sliwoski on LinkedIn - / harris-sliwoski Our Blogs: The Canna Law Blog: https://harris-sliwoski.com/cannalawb... The China Law Blog: https://harris-sliwoski.com/chinalawb... The HS Blog: https://harris-sliwoski.com/blog/ Stay up-to-date on our latest free legal webinars: Harris Sliwoski Webinars Our attorneys “In the News”: https://harris-sliwoski.com/hs-in-the... Find us here! / cannalawblog / chinalawblog / harrissliwoski 0:00 Introduction - SCRG WorldClass Optimization of Supply Chains 02:45 China + 1 Strategy & Managing Resiliency 03:45 How Companies are Focusing on Minimizing Supply Chain Risks 05:38 Regional Considerations & New Supply Chain Realities 08:08 Mexico/China Considerations 09:31 Labor Hours & Regs - Mexico vs China 11:04 Proximity to HQ - Manufacturing Decisions 13:45 Infrastructure Development - Geography/Transportation Issues 15:39 Concluding thoughts #InternationalSupplyChains #LegalLunchByte #OptimizeManufacturing #HarrisSliwoski #Episode8 #SupplyChainManagement #InternationalManufacturing #ContractManufacturers #ElectronicsManufacturing #GlobalSupplyChainsManagement #SupplyChainsPlanning #SupplyChainTraining #SupplyChainsExplained