Where is my Stuff? Enhancing Supply Chain Collaboration beyond Tier-1 Suppliers
Due to the COVID-19 pandemic, the world is facing significant structural supply chain issues in many sectors that could take years to rectify.
According to Adam Borchert, Partner Bain & Company, “attention to flexibility, business continuity, and resilience have gone up by a matter of 1.5 to four times in importance”.
Hence what’s required is creating strong internal and external collaboration that can increase resilience, improve reactivity and introduce more flexibility. The next step is to take the improved data generated by better collaboration and turn that into automated insights and actions, which will free up supply chain professionals to focus on the most problematic scenarios we face today.
The Supply Chain whitepaper created in partnership with EdgeVerve and Reuters Events articulates the importance of a strong collaborative framework that can help unlock supply chain efficiencies, bringing more control and oversight into the supply chain and scale buyer-supplier relationships. Download the whitepaper to learn how a collaborative framework is increasingly becoming a core capability to ensure supply chain agility, flexibility, and resiliency, thus laying the foundation for a new era in global sourcing and distribution.
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