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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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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? Designed to lift the profession and celebrate supply chain results, I struggle to find that the methodology supports either objective. The reason?

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Many companies buy forward inventory ahead of tariffs being implemented. Buying forward.

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The Single Point of Failure in Supply Chain – Semiconductor Fabrication!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Baby Formula! I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The False Confidence in Historic Supply Chain Design. Subscribe Here! Email Address.

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Innovative Approaches to Supply Chain Risk

Kinaxis

A major earthquake in Taiwan. You have a supply chain risk management strategy in place. This key supplier had been identified and sure enough, you have a second source primed and ready to go. We have a problem.” The alternate source uses the same supplier in Taiwan. Then you get the e-mail.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

Truly resilient supply chains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supply chain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. Recent Supply Chain Disruptions.

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Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Sourcing was both a cost as well as landed cost decision factor.