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Thereport introduces a novel framework, exploring four dimensions toadapt supply chains for more flexibility, resilience, andsustainability: multi-shoring, manufacturing and supplier network,mode of transportation, and logistics operations
Comprehensive definition of supply chain diversification isdeveloped: a proactive approach redefining industry standards
Thereport offers companies to analyze current dynamics and patternsobserved, and evaluate their supply chain strategyaccordingly
Bonn - Amidst the recent developments such as geopoliticalcrises, the attention is increasingly turning to supply chaindiversification. Yet, until now, there has been no clear definitionand comprehensive framework for this approach. Rising to thechallenge, DHL and leading academics have presented a newdefinition and a versatile model to explain this important andholistic concept in the latest DHL Trend Report, "Supply ChainDiversification". Supply chain diversification is defined here as aproactive approach where companies incorporate one or severaldimensions into their supply chains to minimize risk. This includesmulti-shored supply networks, multi-sourcing, parallel modes oftransportation, and concurrent or redundant logistics operations.The report also provides tangible customer case examples, enablingcompanies to assess their diversification level and devise asuitable strategy.