New normal presents new way of doing things for supply chain leaders
The flow of information between parties needs to match – or even outpace – the flow of physical goods.
The same principles that enabled just-in-time manufacturing and lean inventories were also partly responsible for the fragility seen across global supply chains since the start of the Coronavirus disease (COVID-19) pandemic. Everything fell out of balance, and with that, logistics suffered too.
Today the focus is on creating operational resiliency across global supply and logistics networks. But, to do so takes more than planning and capacity alone. The flow of information between parties needs to match – or even outpace – the flow of physical goods. This remains the biggest opportunity in logistics and supply chain today, and one area where all enterprises should focus their efforts in 2022...
[This article was originally posted by Supply & Demand Chain Executive. To continue reading, visit SDCExec.com.]
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