Manufacturing Digital Magazine December 2024 | Page 107

SUPPLY CHAIN MANAGEMENT

“COMPANIES CAN IMPROVE RESILIENCE BY SEEKING OUT ALTERNATE SOURCES OF SUPPLY , INCLUDING LEVERAGING NEARSHORING AND FRIENDSHORING STRATEGIES ”

DAVID PETRUCCI MANAGING DIRECTOR AND GLOBAL PRACTICE LEADER SUPPLY CHAIN & OPERATIONS , PROTIVITI
This is especially the case given every supply chain is unique , requiring reconfiguration at different times for different reasons .
Joe McManus , VP Sales at Körber Supply Chain Software , a leader in endto-end supply chain solutions , says it is “ impossible ” to make strategic pivots without obtaining a deep understanding of your supply chain .
Understanding is one thing ; improving visibility and reliability are another .
In what is a volatile economic and geopolitical environment , the reality is that reaction times can make the difference between avoiding disruption and becoming the disrupted .
Further still , even better than having fast reaction times is the ability to prevent issues from arising .
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