Every pillar of the supply chain — plan, source, make and deliver — must be resilient, says Girsh Dhaneshwar, vice president and consulting practice leader at Cognizant.
Many companies have been busy restructuring their supply chains from global to regional or local for a few years now. But what problems are they trying to solve?
When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.
Supply chain leaders today can not only analyze the past and present to determine the likelihood of outcomes, but can also look to the future to manage them — a practice known as prescriptive analytics.
Tracking inventory solely within the four walls of a warehouse isn’t enough to stop shrinkage, says Eddie Misicka, vice president of product and solutions at OneRail.
As they weather the fallout from multiple sources of disruption to global commerce, importers and exporters are seeking ways to make their supply chains more resilient.