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The Pros and Cons: International and Domestic Sourcing

Unleashed

This strategy involves a country from a high-cost country area — typically US, UK, Canada, Australia, and West European nations — purchasing materials from resource-rich low-cost countries; think China, India, Indonesia, Bolivia, Brazil, Russia, Mexico, and East European nations. Leverage manufacturers and their network.

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COVID-19 in 2021: Supply Chain Organizations’ Biggest Concerns

DynaSys

There is competition for resources, though more infrequently and less dramatically as time passes. Riots and violent protests connected to the pandemic have occurred diverse places like Serbia, Nigeria, Bolivia and even Berlin. Use these to inform demand forecasts to guide inventory and supply decisions.