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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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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

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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. We pointed out that in 2022, more U.S.

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

Logistics Viewpoints

The most obvious impact was the disruption of traffic and transportation. 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 collapse had several immediate and long-term consequences for the region.

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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. The post Red Sea Ocean Transport Disruption Update first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. All rights reserved.

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Hyundai’s Green Revolution: Pioneering Hydrogen Technology and Innovation in Southeast Asia

Logistics Viewpoints

This strategic step aims to foster innovation and expedite the development of the hydrogen ecosystem, concentrating on four key areas: production, storage, transportation, and utilization. This strategic approach eliminates the necessity for hydrogen transportation and storage.

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The Best Explanation for the Supply Chain Crisis Yet

Logistics Viewpoints

However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits. They also show how critical the sourcing and movement of goods are to businesses and economies as a whole.