Supply Chain

The tradeoff in dual sourcing vs single sourcing comes down to what you buy and what a stoppage costs you. Single sourcing is usually the right call for a custom, low-volume part where one supplier has already absorbed the engineering and tooling work. Dual sourcing earns its extra cost on components that stop a line, … Read more

Safety stock is the inventory you hold beyond what you expect to use before the next delivery lands, so demand spikes and supplier delays never turn into a stockout. There are two ways to calculate safety stock levels, and which one you pick depends on the data you have. Both formulas below are worth knowing. … Read more