How companies are reviewing sourcing practices to combat disruptions and build resilience The COVID-19 pandemic exposed weaknesses in supply chains around the world, so a major rethink is underway. Lockdowns paralyzed production, suddenly cutting off access to critical materials and components. And when restrictions eased, there followed a massive reallocation of resources to deal with […]
With the cost of wages in China tripling over the past decade, the ongoing US-China trade tension, and an epidemic that upended international trade flows and halted production in China, many importers and buyers have pursued other alternatives – focusing their efforts on the Southeast Asian markets.
Photo: Public domain/Pexels A happy Friday to all our readers! Here are a few links to interesting reading for you to enjoy over the weekend.
Artificial intelligence (AI) and machine learning (ML) were already buzzwords in the technology and manufacturing spheres before the pandemic upended the global supply chain.
A selection of interesting and informative sourcing-relevant links as the weekend approaches.