The supply chain is undergoing a series of seismic shifts. Post-pandemic demand is surging, but supply is stumbling, logistics is backing up, and prices are climbing. There are shortages everywhere, and the root causes are varied. In some cases, historical capacity projections are unable to keep up with actual demand growth. In others, a lack of workers or shipping containers is causing supply disruptions.
Although COVID-19 has made these past 18 months a bumpy ride, it is just the latest and most significant example of the kinds of disruptions the supply chain can expect in the future.
That said, visibility, agility, flexibility, and resiliency are taking on a profoundly more important role for companies large and small.
Networks help enable the visibility and agility required for a resilient supply chain.
Supply chain networks enable greater visibility and provide the kinds of collaborative capabilities necessary to be resilient to disruption risk.
– IDC Technology Spotlight
Learn more about the substantial benefits of multi-enterprise supply chain networks.