A transparent and efficient supply chain today doesn’t guarantee success tomorrow. Change is necessary, and that’s especially true in today’s world of economic uncertainty and global unrest.
Lacking foresight into what 2023 will bring, businesses nevertheless have the power to identify risks in the supply chain and prepare for the coming year. Following are five ways to achieve that objective.
Centralize information. Supply chain visibility is imperative to identifying and assessing supply chain risks. The first step in gaining visibility is centralizing information to ensure that all content — from product data to documentation — is stored in an easy-to-access and secure location.
With a growing number of companies maintaining a remote work policy, it’s not always easy to securely centralize information. But integrated collaborative tools allow companies to gather the data in one place and share it with a distributed team.
Read the full article at: www.supplychainbrain.com