Outsourcing, Insourcing or Near-Sourcing?
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
Your supply chain is only as strong as your weakest link so you must develop your employees and find ways for them to work together more effectively.
It is wise to stay on the leading edge of what is of such critical importance to manufacturers, distributors, logistics providers and the economy.
At first glance, it seems a bit challenging to figure out what can be done in a week. However, since the global supply chain is all around us, it isn't that hard after all.
No matter what you think in terms of politics and the like, it is imperative that you understand global impacts.
The first step to navigating the global marketplace is to be aware.
Sometimes inventory problems are people problems.
Flood damage on Interstate 10 in California, leading to a state of emergency and significant disruptions to traffic and supply chains.
Two thirds of manufacturers and distributors have customer service gaps when compared to Amazon and mega-distributors like Amazon.
Whether you have supplies or products waiting at the port, I'd take this as an opportunity to be strategic in thinking about supply chain design.