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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. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

Growing tensions between China and trading partners. The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008.

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Changing Winds in Supply Chain

Supply Chain Shaman

“When will the impact of the pandemic on the supply chain be over?” The building of the global supply chain over the last seven decades evolved based on three assumptions: Number 1. With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price.

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Changing Winds in Supply Chain

Supply Chain Shaman

“When will the impact of the pandemic on the supply chain be over?” The building of the global supply chain over the last seven decades evolved based on three assumptions: Number 1. With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. But there was a cost to this.

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Geopolitical Risks and Supply Chains

Enterra Insights

Geopolitical concerns motivated Les Williams and Andres Franzetti , Co-founders of Risk Cooperative, to ask, “How will current tensions across the globe affect the supply chain?”[1] There is much more work needed to diversify and reinforce the global supply chain. He goes on to suggest five such steps.

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What is Supply Chain Resiliency?

Logistics Viewpoints

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.