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Increase your supply resilience with multisourcing in Supply Chain Management

Increase your supply resilience with multisourcing in Supply Chain Management

For many years, companies have based their supply chain strategy on lowering costs and increasing efficiency. Often this resulted in relying on one supplier for important subcomponents, sometimes based offshore where labor is cheaper. During the pandemic, the world discovered that "lower costs and increase efficiency" is not a resilient strategy.

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