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Sourcing Priorities: Low Cost Geography or Domestic On-shoring?

Supply Chain Game Changer

For many years the predominant priority in sourcing has been finding the lowest cost possible. This paradigm has driven an incredible the movement of a tremendous amount of production to lowest cost regions such as Asia. What is the appropriate sourcing strategy going forward? Geographic Sourcing History.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

For example, a redundant supply chain may have safety stocks, contingency contracts, multiple sourcing, and diversified networks to ensure the availability and continuity of supply. The port serves as a gateway for exporting coal to Europe, Asia, and South America, as well as importing coal from Canada and Colombia.

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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Multi-Sourcing. The same computer intelligence can also be used to optimise the sourcing and onboarding of new suppliers. Inventory and Capacity Buffers.

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The Mask Supply Chain!

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! Sourcing Masks. In Canada for instance there was no manufacturing of medical masks within the country. While exports have increased from China the overall situation does require countries to reconsider their sourcing options for these critical products.

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Report That Mexico is Becoming a Preferred Nearshoring Strategy

Supply Chain Matters

That would include alternatives to China under the umbrella of China Plus sourcing, along with other alterative sourcing strategies to include domestic on-shoring or near-shoring of supply network needs. and Canada. Reportedly, much of this supply output activity is associated with automotive supply and production activity.

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Regionalize for resilience

Resilinc

While supply chains are starting to stabilize, Resilinc hopes the pandemic’s lessons will lead procurement and supply chain managers to shift to more regionalized sourcing models. and global OEMs have optimized and globalized sourcing and procurement to reduce labor and other input costs. Over the past 40 years, U.S.

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Top Solutions for Supply Chain Agility

Logistics Viewpoints

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. Descartes is a public company headquartered in Waterloo, Canada. COVID of course taught companies the need for agility.