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. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing.

article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. Over the past three years, supply chain cycles shifted.

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 Onshoring, Reshoring, and Nearshoring Strategies Calm Supply Chain Chaos

Logility

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. After years of economic volatility, labor shortages, extreme weather, demand and supply shocks, and geopolitical tensions, supply chain leaders are looking to calm the chaos and bring back predictability.

article thumbnail

Another Asian Trip and Added Apple Sourcing Options

Supply Chain Matters

Apple CEO Tim Cook has wrapped up his latest Asian trip, one that is being described as the most extensive Southeast Asia trip in years. From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing.

article thumbnail

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Timing was a further crucial factor.

article thumbnail

Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

article thumbnail

Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported March 2024, and Q1-2024 global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® ended March on an optimistic footing.