Building the Supply Chain of the Future, Today!
The COVID-19 pandemic has impacted every industry around the globe in unprecedented ways. It further forced the organisations and governments to take drastic safety measures such as lockdowns and restrictions on people and goods’ movement. The top three supply chain strategies for 2021 are: expanding collaboration with supply chain partners (48%), improving agility to respond to fluctuations in demand (45%), and improving the ability to leverage shopper behaviour data (45%) as per RIS Supply Chain Technology Study. Supply chain agility today needs to be a core part of any business’s operations. The pandemic has confirmed that the supply chains that are agile enough to adapt quickly will survive in these challenging times. The Inevitable Repercussions of the Pandemic Transport and consolidation for sourcing – Managing local quality checks and a steady supply, addressing the transportation capacity bottlenecks and the limited transparency in the overall supply chai...