The challenges of supply chain diversification
ADDED COMPLEXITY
Sourcing, pre-qualifying, onboarding, and managing multiple suppliers.

HIGHER COSTS
Diversified supply chain setups can increase costs and reduce profitability.
NEW SKILLS
Building new supplier infrastructure in a new country or region.

OTHER RISKS
Diversification reduces risk of total backlog, but each source introduces new risks and increases the chance of partial disruptions.
BIG INVESTMENT
It takes enormous time and resources to change the manufacturing footprint.
