News / Don't have all your sourcing eggs in one basket, shippers advised

Photo: © Ileanaolaru

Shippers “stress-testing” their supply chains should consider how every supplier is at risk of ’black swan’ events, with some, like Shein and Nvida, set to diversify sourcing.  

At TPM25 by S&P Global, delegates were told that, for example, automotive giant Ford “could be brought to its knees and shut down” by a part that costs it $0.10, but that component had never shown up on its resiliency report “because the aggregate spend with the supplier didn’t get put on the ...