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Ally-Sourcing: Strengthening Global Supply Chains Andrew Rader writes that in today's interconnected world, companies with global supply chains are exposed to a myriad of risks. While some risks are inevitable, their impact can be mitigated. Ally-sourcing means partnering with sources that align with your company's political, environmental, social, and economic views. This strategy goes beyond traditional vendor selection, focusing on shared values and goals. Key takeaways: 1️⃣ Engage a holistic team when setting ally-sourcing objectives. 2️⃣ Identify cooperative countries that support your beliefs. 3️⃣ Select specific suppliers who resonate with your criteria. 4️⃣ Aim for long-term benefits, fostering strong relationships and clear communication. Dive deeper into the nuances of ally-sourcing and its potential to fortify your supply chain against global risks in our latest blog post. https://lnkd.in/eZ5T59GX #SupplyChain #GlobalBusiness #AllySourcing #ExecutiveInsights

Strengthen your global supply chain with ally sourcing

Strengthen your global supply chain with ally sourcing

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Ryan Lloyd

Vice President of Business Development at KAG | Certified Supply Chain Professional | Chemical Logistics Solutions

11mo

Interesting, thanks for sharing.

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