Inside Supply Management: The smart approach
The continual supply chain disruptions due to the coronavirus pandemic are familiar — yet still challenging — territory. Those in the manufacturing and distribution space, there have dealt with supply and demand imbalances, inventory control problems, logistics bottlenecks, labor shortages and production-line and storage capacity challenges, just to name a few.
As companies rethink their risk and how to remain competitive into the future, becoming more efficient, optimized, agile and strategic — along with quality control, workplace safety, better visibility and data, and managing labor issues — are among the requirements heading the list.
For many, that means becoming smart.