Geopolitical tensions, economic instability, spikes and troughs in demand, extreme weather events, a once-in-a-lifetime pandemic—the past four years have been the most challenging of my career.
A supply chain’s fundamental role is to deliver to their expectations, from delivery dates to product quality. Organizations with next-generation supply chain capabilities achieve on average 23% greater profitability, according toGiven its critical part in business operations, an effective supply chain strategy can reduce operating costs.
Once leaders recognize these elements, they should allocate resources to bolster the strengths and mitigate the risks.
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