Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions
Logistics Viewpoints
MARCH 6, 2025
manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. For example, China+1 strategies, where companies retain some suppliers in China but also establish relationships in Vietnam, India, or Mexico, can provide flexibility in the face of shifting tariffs.
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