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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. What is single sourcing and sole sourcing?

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Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

Sustainability initiatives come in all shapes and sizes, including responsible product packaging, energy efficiency, alternative fuels, optimizing routes for trucks, and efficient returns management programs. A big part of sustainability initiatives includes the use of ethical sourcing. Ethical Sourcing.

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Agile Strategic Sourcing for a Resilient Supply Chain

The Logistics & Supply Chain Management Society

The unprecedented growth of e-commerce has led to a greater demand for the timely and efficient delivery of goods. Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market.

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Responding to the 2023 IMO GHG Strategy

The Logistics & Supply Chain Management Society

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

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What is Sourcing? Definition, Strategy, & Difference Between Procurement and Sourcing

ShipBob

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

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How Regional Networks Create Trucking Efficiency

GlobalTranz

Creating trucking efficiency through transportation management optimization is an essential part of supply chain management and network navigation. As capacity continues to fall short and lead to lost efficiencies, shippers can benefit from leveraging the regional networks of an MTS provider to strengthens their supply chain.