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Is it really necessary to have multiple suppliers for the same part or final assembly? In this video, we’ll break down the difference between single sourcing and dual sourcing, the advantages and risks of each, and how to decide which approach makes the most sense for your supply chain. We’ll cover: • What single sourcing is and when it works best • The benefits and risks of relying on one supplier • What dual sourcing looks like in practice • The benefits and risks of dual sourcing Whether you’re managing a growing startup or an established brand, understanding these strategies will help you build a stronger, more resilient supply chain. Chapters: 00:00 — Introduction 00:37 — What Is Single Sourcing? 01:34 — Advantages and Risks of Single Sourcing 02:31 — What Is Dual Sourcing? 03:21 — Advantages and Risks of Dual Sourcing 04:10 — Which Strategy Is Right for You? 05:20 — Conclusion: Building a Resilient Supply Chain Interested in improving your supply chain strategy? Reach out to us at hello@epowercorp.com, and we’d be happy to help. 🔗 GrabCAD vehicle model: https://grabcad.com/library/badland-v... 🔗 Learn more: www.epowercorp.com #SupplyChain #Manufacturing #DualSourcing #SingleSourcing #SupplyChainResilience #ManufacturingStrategy