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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. In the intricate web of modern supply chain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supply chain management.

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November 21, 2023 Update

Freightos

Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. Air rates – Freightos Air Index China – N.

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What are the best Supply Chain Strategies for 2021

ivalua

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Global Supply Chains are Here to Stay.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

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The Benefits of Onshore Supply Chains

ivalua

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Avoid the Instability of International Supply Chains. This gives you greater control over the details involved in your supply chain.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Navigate the top climate change issues set to impact the supply chain in 2024. As temperatures continue to rise, the intersection of climate change and supply chain resilience demands increased attention from businesses worldwide. 2023 was the warmest year on record.