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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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China is Moving to Mexico with Jorge Gonzalez Henrichsen

The Logistics of Logistics

Jorge Gonzalez Henrichsen and Joe Lynch discuss why China is moving to Mexico. Jorge also has become a leading voice on nearshoring and globalization, contributing insights as an expert source and author to such publications as Forbes, the BBC, Sourcing Journal, Supply & Demand Chain Executive, and FreightWaves.

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Auto Industry Concerns in Sourcing Moves Within Mexico

Supply Chain Matters

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. Reportedly, key China based component suppliers are setting up corporate entities with the assistance of U.S. The report: To Avoid Hefty Tariffs, China’s BYD Eyes U.S.

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Import Bans from China Grow in US and UK

Logility

This potentially affects cotton products from countries other than China that use Chinese cotton inputs such as cotton fabric. According to the US Customs and Border Protection, the importer of record is responsible to prove its products do not contain any material, in whole or part, sourced from XUAR. 2) Destroy the merchandise.

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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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Airbus to Double China Based Final Assembly Aircraft Output

Supply Chain Matters

Supply Chain Matters highlights reports indicating that Europe based Airbus will double China based aircraft final assembly output by 2024. The Announcement Commercial aircraft designer and manufacturer Airbus announced plans t o double the production of the company’s final assembly production capabilities within China.

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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]