article thumbnail

The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

article thumbnail

Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

Asia 62
article thumbnail

Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. In Asia, Governmental and Finance. Driving Sustainable Supply Chain Change. MORE FROM THIS EDITION.

article thumbnail

What’s going on with global supply chains: A primer for the casual consumer

Freightos

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. But that’s changed. Logistics is global.

Global 397
article thumbnail

How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. Perhaps most notable is the substantial decline in container shipping rates. Manufacturing Purchasing Managers Indexes The J.P.

article thumbnail

The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.