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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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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. The audience assumes that the presenting company is outperforming. Watching the presentations, I wonder how we became so laser-focused on such a limited view of risk. The reason?

Gartner 365
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Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

Supplier reliability and the bi-directional flow of data at the speed of business improve agility and decreases the issues with having the wrong inventory or aligning transportation inbound logistics with manufacturing scheduling. Avoid slick presentations. If the presentation sounds too slick, it probably is. Use standards.

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. Sources; S&P Global and ISM, 2022. Global Manufacturing Activity Levels. but a significant 10.2 in November to 44.6 in November to 44.6

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January 2023 PMI Reporting Points to Some Signs of Global Wide Easing

Supply Chain Matters

The economy has also yet to feel the full impact of higher interest rates which look set to rise further in the coming month, presenting a potentially challenging outlook for economic growth. Taiwan The January S&P Global Taiwan Manufacturing PMI® declined from 44.6 percent in 2022 which translated to 3.5 compared to 52.5

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

Supply Chain Matters

Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. The May PMI value of 44.3 dipped a significant 2.8 percentage points from the 47.1 reported in April.

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

Some regions, particularly Europe, China and Taiwan are more exposed to these product demand constrained forces. The S&P Global Taiwan Manufacturing PMI® i ndex was reported as its lowest level since 2009 by the end of October 2022 while the S&P global Eurozone Manufacturing PMI® fell to a 29-month low.