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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. If something were to happen in Taiwan—like the recent 7.4

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. During the presentation, I squirmed uncomfortably in my seat. After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital.

Gartner 239
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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. percentage point increase in March while the Inventories sub-index dipped to the contraction value of 47.5,

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

That could signal even more added inventory exposures. Significant Deterioration for Taiwan The May S&P Global Taiwan Manufacturing PMI® report was headlined with business conditions across the country’s manufacturing sector deteriorating at a faster pace. The May PMI value of 44.3 dipped a significant 2.8 reported in April.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Taiwan Taiwan’s activity as reflected in the S&P Global Taiwan Manufacturing PMI® showed its best performance since June 2022, rising 4.7 Likewise, consumer goods related industry segments would want to believe that inventory over hangs are being resolved and that inventory replenishment buying cycles are soon in the cards.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

This index complies a data set of 2 chosen variables for each of the economies of the Eurozone , China , Japan, South Korea , Taiwan, the United Kingdom and the United States. Of particular concern was the Inventory level index, which rose 9.1 A spillover index of Inventory Costs reached a reported all-time peak of 90.3. .

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Economic Aspects of Supply Chains

American Global Logistics

Economic Markets and Supply Chain Challenges The current economic landscape presents challenges for supply chains. Pressure on Taiwan, expansionist moves in East Asia, and the government's "common prosperity" goal can impact supply chains serving these markets. Multidecade-high goods-related inflation, with the U.S.