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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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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

Growing tensions between China and trading partners. Yes, we have achieved greater normalcy in transportation. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Build in-market sourcing. Over four-hundred days of war in Ukraine. Unrest in Sudan. What is normalcy?

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

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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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Report-Apple iPhone India Based Production Upwards of $14 Billion

Supply Chain Matters

Background Throughout 2022 and 2023, we have highlighted for readers the various indications of Apple’s unfolding China Plus sourcing moves. That culminated in our research arm’s published December 2023 Supply Chain Matters update, Apple’s Unfolding China Plus Sourcing Strategy for iPhone Production.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.