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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. Single sourcing and sole sourcing are two different procurement strategies in supply chain management.

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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.

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How To Overcome Supply Chain Disruption

GlobalTranz

Supply chain disruption is a fact of life for every company that moves any type of product. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. A resilient supply chain may be stretched to the max, but it doesn’t break.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. That stated, the reported 49.6

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Global Production and Supply Chain Activity Levels Unchanged in April 2023

Supply Chain Matters

Supply Chain Matters provides highlights of April 2023 reported global and regional PMI indices which continue to reinforce a state of contraction level stabilization within global supply chain networks. Some good news is that the reported data reinforces that global supply chain wide pressures have eased considerably.

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Mid-Year Assessment of 2022 Supply Chain Predictions- Part One

Supply Chain Matters

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supply chains published at the beginning of 2022. Economic Outlook Significantly Changed. Economic Outlook Significantly Changed.

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Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility.