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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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The Importance of Transportation Visibility

Logistics Viewpoints

I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Transportation visibility is clearly not only for trucks.

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Corporate Sustainability Due Diligence Directive (CSDDD)

SCM Research

It mandates that companies “should take appropriate steps to set up and carry out due diligence measures, with respect to their own operations, those of their subsidiaries, as well as their direct and indirect business partners throughout their chains of activities”. It does “not cover the disposal of the product”.

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Helping Companies Identify Environmental Sustainability Opportunities

Arena Solutions

PTC’s CEO, Neil Barua, said, “In parallel with our SBTi commitments, we’re broadening the ways in which we support manufacturers’ efforts to reduce the environmental footprint of their products.” PTC gives manufacturers the power to create sustainably conscious products and drive environmental sustainability.

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Cutting Emissions Through Better Transportation Planning

Logistics Viewpoints

Oracle Fursion Cloud Transportation Management offers a solution that allows transportation planners to see estimated emissions – carbon dioxide, nitrous oxides, and particulate matter – before a trip is executed. Transportation is, of course, a major source of green house emissions. That is more than any other sector.

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Definitions Matter

Supply Chain Shaman

First great insight from John McNiff: digital mature companies have lower DIO, IBP supports them!” ” My question is, “What is a digitally mature company? I have built five such systems for companies. I just went live this year with a Fortune 25 company, and their factories book against their orders online.

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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Developing Diverse, Resilient Sourcing Strateg ies. Companies need to model beyond their tier-one supplier network,” Balte continues.