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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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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.

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3 Ways a 3PL Fulfillment Agent in China Keeps ECommerce Competitive!

Supply Chain Game Changer

Importing From China! To plan for Q4 inventory, you had to have your orders in place several months ago and now, it’s too late. Fortunately, there is a way for you to solve these supply chain issues, though, and it involves partnering with a 3PL fulfillment agent in China. Subscribe to Supply Chain Game Changer. Conclusion.

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Global Supply Chains — A Source of Strength

Enterra Insights

3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] 4] Staff, “ Global supply chains are still a source of strength, not weakness ,” The Economist, 3 April 2021. [5]

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Industry Supply Chain Implications to Slower Economic Growth Across China

Supply Chain Matters

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog provides supply chain focused perspectives on this week’s indications of slower economic growth across China. Background This week, China’s Statistics Agency reported that the country’s economy grew a disappointing GDP growth rate of 6.3

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses.

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Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Introduction. Chinese Business Directories.