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Re:Is It Time to Rethink Globalized Supply Chains? by dredmorbius on Friday March 20, 2020 @12:32AM (#22634909)
The value of trust.

JS Mill has some interesting observations going back a ways.

Auditing is still recommended.

Re:Is It Time to Rethink Globalized Supply Chains? by eru on Friday March 20, 2020 @12:51AM (#22635014)
Definitely, auditing is one way to speed up the process.

Ignoring auditing for a moment:

The trustworthy reputation is quicker to build, if the quality of the product is easy to ascertain quickly.

But if you are a company in a sector where that's not possible, the reputation for quality becomes even more valuable.

And you can potentially ride it out for a long time in an exit scam. https://en.wikipedia.org/wiki/Exit_scam