The Dangers of not using a Multi Source Approach in your Business

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When it comes to choosing vendors for your business it can be easy to settle into ordering from the same ones all the time because you have a great relationship with them, their pricing is good, and they are easily able to meet your required delivery dates. What happens when they can’t deliver due to unforeseen circumstances? How will you fill orders if a vital part of your production is missing or delayed? When it comes to sourcing your vendors a multi-source approach may be your best approach.

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