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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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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Reportedly, the vast majority of detained goods were produced in either Malaysia, Vietnam or Thailand.

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Understanding the Salaries in Supply Chain Management

SCMDOJO

From entry-level positions such as procurement officers and logistics coordinators to higher-level roles like supply chain directors and vice presidents, each comes with its own set of responsibilities and corresponding salary ranges. per hour. . The average Supply Chain Manager salary in Singapore is $111,916.

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Innovative Approaches to Supply Chain Risk

Kinaxis

This key supplier had been identified and sure enough, you have a second source primed and ready to go. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. Your heart sinks as you pick up the phone to call your boss…. Think again.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

along with Vietnam, Thailand and Indonesia. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. Growth expansion has returned across China and the U.S. reflecting a 1.3 import needs.

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

Supply Chain Matters

The few pockets of production expansion were noted to be within Asia , including India, Indonesia, Thailand and the Philippines. Report authors suggested that the domestic market was the main source of new business growth while international demand role slightly in January. rising one percentage point from the 47.8 compared to 52.5