An omnichannel supply chain represents a paradigm shift in prioritizing customer experience, seamlessly integrating various sales channels like physical stores, online platforms and mobile apps.
While welcome from a sustainability perspective, the shift to electric vehicles creates challenges for companies that supply traditional components and the original equipment manufacturers that rely on them.
Companies acting alone in responding to food recalls, rather than collaborating with supply chain partners, are only prolonging the exposure of compromised products in the marketplace.
Supplier diversity programs are not only good for society; they’re crucial to enhancing supply chain competitiveness, risk mitigation and cost reduction for businesses.
For years, businesses have debated which is superior — EDI or API — but as companies evolve and require a more diverse set of tools, they realize that both play an important role.