Timothy Brown

Special Guest Blog Post from Emo Trans The unpredictable economic landscape has produced unprecedented challenges within inbound logistics. Company leaders must navigate global disruptions and shifting consumer demands as they reshape their supply chains. Amidst the adversity, multisupplier sourcing has become a strategic advantage instead of a contingency plan. Follow this approach to equip business leaders with actionable insights. What Is Multisupplier Sourcing? Multisupplier sourcing involves purchasing products or services from two or more suppliers. This strategy differs from organizations using just one supplier. Diversifying the base requires establishing and managing relationships with multiple vendors. A robust network lets you be more agile as the market changes. Multisupplier sourcing has gained traction in the last five years. A 2022 McKinsey survey said 81% of companies implemented dual-sourcing strategies — an increase of 26 percentage points since 2020. Sixty-nine percent of respondents said this approach will continue to be relevant through the decade. The survey noted changes in inventory, sourcing and regionalization to boost resilience. Why Businesses Use Multisupplier Sourcing Increasingly complex supply chains have made businesses reevaluate traditional sourcing models. Multisupplier sourcing has emerged as a popular strategy to improve operational efficiency and resilience. Here are three key benefits that…

It’s been an exciting week here at Supply Chain Now! Catch up on all the latest episodes, interviews, conversations, and livestreams right here for all the hottest supply chain news! On Monday, we launched Dial P for Procurement with program co-hosts Kelly Barner & Scott Luton who welcomed two professionals who have put their procurement and supply chain experience to work in the service of others: Anna McGovern, Chief Supply Chain Officer at the Food Bank for New York City, and Kathy Fulton, Executive Director of the American Logistics Aid Network.   On Tuesday, Laura Cyrus with Truckers Against Trafficking joined host Enrique Alvarez to share how supply chain & trucking workers are uniquely positioned to combat human trafficking.   On Wednesday, we launched our new Digital Transformers series in partnership with Total Network Service. Check out our first episode as Scott Luton, Kevin L. Jackson, and special host Thomas Carter welcome Dave Stehlin and Chris Poli to the show.   On Thursday, we released The Supply Chain Buzz with Kevin L. Jackson, Greg White, & Scott Luton who discuss leading stories from global supply chain and global business, including the skyrocketing costs of medical supplies, the impact of IoT…