Richard Sharpe

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…

Manufacturers across chemicals, life sciences, and consumer packaged goods lose more than $120 billion annually through inventory write-offs, but those losses are often the end result of material risks that began months earlier. Forecast changes, supplier delays, quality events, aging inventory, and shifting production priorities can quietly compound into shortages, excess inventory, scrap, and lost margin when they aren’t identified and addressed early enough. The State of Material Risk & Recovery explores how leading batch manufacturers are moving beyond traditional inventory management to identify risk earlier, coordinate decisions across functions, and protect the value of materials throughout their lifecycle. Discover the Prevent, Mitigate, Recover framework and how AI-enabled decision intelligence can help teams connect signals across systems, understand root causes, prioritize the highest-impact actions, and intervene before operational risk becomes financial loss. Download the report to learn how to: Spot material risk earlier, before it turns into excess and obsolete inventory, production disruption, or a write-off. Close the gap between ERP visibility and actionable decisions by understanding not just what happened, but why and what to do next. Apply the Prevent, Mitigate, Recover framework to improve material readiness and unlock more recovery opportunities. Use AI to turn scattered signals into…