Remove Procurement Remove Shipping Remove Supply Chain Software Remove Taiwan
article thumbnail

Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

Discover the top geopolitical risks set to affect the global supply chain this year. In 2023—if it wasn’t already—geopolitics became top of mind for every procurement professional. In fact, geopolitics is one of the top five supply chain megatrends this year, which we cover in our highly-anticipated annual report.

Russia 94
article thumbnail

Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. But what steps can you take to a more resilient supply chain during disruptions? If you’re ready to learn more about creating stronger supply chains, read below.

Insiders

Sign Up for our Newsletter

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

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. In the intricate web of modern supply chain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supply chain management.

article thumbnail

Pushing the Supply Chain Reset Button

The Logistics & Supply Chain Management Society

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.

article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supply chain sector and value chain. The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan.

article thumbnail

Global Events Require Wargaming to Protect Profits

Enterra Insights

2] Journalist Camille Rustici adds, “[Houthi attacks on Red Sea shipping is fallout from the] resumption of the Israeli-Palestinian conflict.” According to the authors of the 2024 supply chain risks barometer, this growing instability is already impacting international trade.

Global 130
article thumbnail

10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supply chain practices.