Should You A Single Source Or Multiple Sources? dropshipping, single sourcing, multiple sourcing

Many companies must have faced the importance of single or multiple sourcing. The core of strategic sourcing is to establish long-term opportunities with suppliers, so as to ensure that future procurement needs can be determined in advance. Therefore, the key issue in formulating supply chain strategies is Choosing a single source or multiple sources to buy, both methods have their own advantages and disadvantages, so finding the sweet spot between the two issues is an important factor affecting the success of your business.

This article will discuss in detail the pros and cons of single and multiple sourcing, giving you a little help in both. Read more about single sourcing and multiple sourcing in detail.