Introduction

Global sourcing strategies that once focused solely on cost have evolved. The pandemic exposed the fragility of single-source supply chains, prompting companies to reconsider how — and where — they source.

Lessons from Disruption

Overreliance on a single country or region led to delays, shortages, and financial loss. Businesses that lacked backup suppliers or flexible logistics strategies were the most affected.

Diversifying Supplier Networks

Shifting some sourcing to closer or more politically aligned regions improves reliability. Companies are now evaluating production outside of China, looking to regions like Southeast Asia, Mexico, and Eastern Europe.

Partnering for Resilience

By working with experts, companies can better assess supply chain risks and identify cost-effective, resilient alternatives. GP Consulting supports this shift with tools, local audits, and data-driven decisions.

Key Takeaways

• Supply chain risk is now a core part of sourcing strategy.
• Nearshoring and friend-shoring help mitigate global shocks.
• A strategic sourcing partner can balance cost, quality, and resilience.

Call to Action

Is your sourcing strategy ready for the next disruption? Connect with GP Consulting to start building a more resilient supply chain.