. If that supplier produces the item in only one plant or one country, your disruption risks are even higher.
The goal of the mapping process should be to categorize suppliers as low-, medium-, or high-risk.
China plus one” strategy of spreading production between China and a Southeast Asian country such as Vietnam, Indonesia, or Thailand
Managers should consider a regional strategy of producing a substantial proportion of key goods within the region where they are consumed.
Shifting production from China to Southeast Asian countries will necessitate different logistics strategies as well. Unlike China, those locations often do not have the efficient, high-capacity ports that can handle the largest container ships or the direct marine liner services to major markets. That will mean more transshipment through Singapore,...
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