Jordon White

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…

Get Ready to increase your supply chain IQ! We’ve got all the latest episodes, interviews, conversations, and livestreams right here from Supply Chain Now this week. On Monday, TEKTOK host Karin Bursa sat down with Scott to look back on 2020 and discuss what’s on the horizon for 2021   On Tuesday’s podcast episode, Kelly Barner joined Scott to discuss the lessons learned in 2020 and what’s to come in 2021.   On Wednesday, Scott welcomed Joe Donnell and Karl Fillhouer with Circle Logistics to talk about the recruiting and talent challenges they faced in 2020, consumer demand predictions after pandemic restrictions are lifted, & the next frontier in technological innovation.   On Thursday, Scott and Greg welcome Nurfad Nadarevic to the Supply Chain Buzz to discuss the COVID-19 vaccine distribution, automotive changes ahead, and more top news in supply chain this week.   We ended the week with an episode of TEKTOK, powered by Supply Chain Now, where host Karin Bursa shared the 3 Things C-Level execs need to know about Sales & Operations Planning & Inventory Optimization.   Which was your favorite episode this week? Never miss an episode by subscribing to Supply Chain Now! Make sure you…