The best definition of the special term Down the Source Diversity?

By Jon Ane

Down the Source Diversity is the diversity of your supplier’s raw materials sources, the suppliers of your direct supplier, the real supply platform beneath your product, tier zero. That might require unearthing several layers, yet, it is necessary for your company’s productivity. The key to real diversification of your supply chain goes back to understanding what happened underneath your suppliers’ suppliers, the stratum of their sources. You might think you have diversified your suppliers properly. However, in distressed times, when coming to a test, you might find that all of your suppliers banked on one source.

However, one source does not mean only one supplier. It can be a single source in one resolution or another, such as a company, group of related companies, country, geoeconomics region, geopolitical region and so forth. Thus, if something happened to your supplier’s source, your direct suppliers would be shut down altogether simultaneously, and you would be forced to follow suit.

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