07/07/2021
One lesson every business, even the smallest ones, have learned from the pandemic is that the supply chain is more fragile than we imagined. After a year of facing shortages of everything from electronic chips to toilet paper to hand sanitizer, more and more small businesses are looking for ways to insulate themselves against future disruptions. The most obvious answer? Supplier diversity.
Having a single supplier is extremely risky for any business. Small businesses want to increase supplier diversity in 2021.