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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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5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. Companies carrying freight across the U.S.-Mexico

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Is Mexico the World's Next Manufacturing Hub?

Elementum

Mexico may become the global manufacturing nerve center if the country plays its cards right. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam. Mexico has its share of challenges, of course. Looking Deeper.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Questions Companies with U.S.-Mexico Trade Should be Asking

CH Robinson Transportfolio

Mexico border, his words seem unusually predictive. Specifically discussing how the internet of things will impact supply chains, he said: The internet of things provides companies the ability to source parts and inputs, and sell, globally. Mexico trade risks. Mexico border are severely delayed? Current U.S.-Mexico

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The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward

GlobalTranz

This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.