With the coronavirus pandemic and its lingering effects, companies have now experienced how challenging it can be to plan and maneuver their supply chains around uniquely disruptive, once-in-a-lifetime events. But the unfortunate truth is that less severe events overwhelm or undermine supply planning all the time. Legacy tools are no longer up to the task of getting supply where it is needed most.
James Thebaut, president of The Chronicles Group, stresses the need for immediate action by the U.S. on global climate change — but does the country still have credibility on an international stage?
Countless barriers can stand in the way of a successful new-product launch. Brands and manufacturers must establish strategic procedures for product development — before developing the product itself.
Large companies often use various solutions to manage hundreds of thousands of contracts and documents — covering years of work across the supply chain.
The more closely suppliers are able to work with distributors, the easier it will be for both parties to eliminate costly inefficiencies, adjust to changing market conditions, and secure growth.
If you’re a business that’s outsourcing services, don’t think for one moment that you’re shedding responsibility for the health and safety of a vendor’s staff when they show up on your premises.