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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations. To enhance resilience, supply chain strategies have shifted from cost-saving to redundancy by engaging multiple suppliers, particularly from local or nearshore sources, to mitigate supply disruptions.

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

The company has 18 plants and operating locations in the US, Canada, and Mexico as well as plants and labs in the UK, China, and Indonesia. They also have 20 sourcing locations across North America from which they can ship make to stock products. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

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Trends 2024: Risk Management

Enterra Insights

manufacturing exports but will reduce purchasing power for imported materials, components, and equipment.”[6] “‘The widespread use of misinformation and disinformation, and tools to disseminate it, may undermine the legitimacy of newly elected governments,’ the report warned. A weak dollar will support U.S.

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The Green Corridor: Resilience from Diversification

The Logistics & Supply Chain Management Society

The Green Corridor: Resilience from Diversification by Timothy Foote, Founder of Susymbio Access to Sustainable Power is the Challenge of Our Time, but when clean power sources are diversified it promises more stability for our future. Sadly, Malawi’s most used local source of power is its shrinking forests.

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

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Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. A set of policies outlining a position related to environmental issues is becoming increasingly noticeable in the press.