article thumbnail

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?

article thumbnail

The Green Corridor – Logistics’ Role In Preventing The Next Pandemic

The Logistics & Supply Chain Management Society

I’m not talking about how shipping and logistics are key in keeping the supply chain connected during global health crises so we can keep essential supplies like medicine, food, and toilet paper moving. Or how did trinkets made with ivory, whose trade has been globally banned since 1989, find its way to a black market in Thailand?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 reported for January.

article thumbnail

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. We have a problem.” The alternate source uses the same supplier in Taiwan. This scenario played out for thousands of companies after the Japan earthquake, the Thailand floods and numerous other smaller scale disasters.

article thumbnail

What is Supply Chain Resiliency?

Logistics Viewpoints

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

article thumbnail

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. Furthermore, Chinese suppliers may not look too kindly on the loss of business and may make it difficult for such enterprises if they need to source Chinese-made components or raw materials in their future operations. Stable economy focused on manufacturing. Religious tensions.

article thumbnail

Cutting Emissions Through Better Transportation Planning

Logistics Viewpoints

Transportation is, of course, a major source of green house emissions. For example, if they buy a component for their hardware products in Thailand, they have an estimate for the logistics emissions associated with the component. That is more than any other sector. We don’t want perfection to be the enemy of the good.