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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?

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The Green Corridor – Logistics’ Role In Preventing The Next Pandemic

The Logistics & Supply Chain Management Society

I’m not talking about how shipping and logistics are key in keeping the supply chain connected during global health crises so we can keep essential supplies like medicine, food, and toilet paper moving. Or how did trinkets made with ivory, whose trade has been globally banned since 1989, find its way to a black market in Thailand?

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What is Supply Chain Resiliency?

Logistics Viewpoints

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

along with Vietnam, Thailand and Indonesia. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. Growth expansion has returned across China and the U.S. reflecting a 1.3 reported for January.

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Supply Chain Disruption. A Deeper Look Into Context, Causes, and Trends  

Elementum

2) Ship to the US and Western Europe. They expanded first into other parts of eastern Asia (Vietnam, Thailand, India), then into eastern Europe (Poland, Ukraine) and Mexico. If that were not enough, consumers have also grown to expect (and demand) full transparency of the entire shipping process, down to the item level.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia.

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Top 6 Wholesale Distribution Trends for 2019

EMERGE App

Shipping costs are also expected to spike upwards. It raised its prowess from running mere factories to one that offered a complete value chain: from research and development to shipping and fulfillment. Business costs will rise for those who are sourcing some or most of their raw materials or goods from China.