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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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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. I also looked at changes in exports by the US, Europe, and China. I don’t see that as a positive.

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Global Supply Chains — A Source of Strength

Enterra Insights

1] One of those “future shocks” occurred when the Suez Canal was blocked for days by a grounded container ship — the Ever Given. 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]

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Improved Supply Chain Visibility Requires an End-to-End Solutions

Logistics Viewpoints

The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach.

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The Green Corridor: Looking for the Green Lining

The Logistics & Supply Chain Management Society

The Green Corridor: Looking for the Green Lining by Timothy Foote, Director Transportation & Network APAC at Asendia and Founder of Susymbio 2023 is soon enough to end, and the transformation to a clean logistics future moves forward. My 2024 predictions for these modes is that ocean shipping transformation will continue.

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Apple’s Plan to Produce New iPhone in Both China and India Long Planned

Supply Chain Matters

Supply Chain Matters provides our readers added perspectives on this week’s reports indicating that Apple has initiated plans for production of the upcoming new model iPhone14 to be sourced from both China and India. As our readers are aware, decisions such as this do not occur without a lot of pre-planning and collaboration.

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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.