Resilinc

APRIL 17, 2024

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?

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

ivalua

NOVEMBER 26, 2020

When it comes to factors like access to labor, it becomes an improbable task to reproduce a labor market the size of say China or India. For example, China and the United States are ranked 1 and 2 respectively for the production of rare earth elements, but this is deceiving as China is producing 5 times the amount of the United States.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Resilinc

MARCH 26, 2024

Real Use Case for AI Regression Models in Supply Chain Risk Management Let’s take, for example, a typhoon hitting the coast of China and see how our engine can help. In a typical scenario, a company reaches out to suppliers and begins talking to logistics and procurement after the typhoon strikes.

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

Exiger Perspectives

APRIL 3, 2023

A proven supply chain risk management framework, like Exiger’s TPRM and SCRM framework , enables compliance teams, corporations and governments to identify, assess and respond to third-party service providers, supplier risks and other involved procurement risks throughout their supply chain lifecycle.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. In this case, what would happen if China invaded Taiwan? EventWatch AI scans 104 million sources and sites worldwide and sends tailored alerts directly to your inbox.

Supply Chain Risk Management 104

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 104

Arena Solutions

MAY 5, 2022

And this has caused companies to consider relocating outside of China and also caused the resurgence of reshoring back to the U.S. We had to scramble and find additional exact matching sources. Obviously, big companies have procurement leverage, right? The first is geopolitical realignment. And in some cases, even alternates.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software How To 52