What are the key components of a resilient and agile supply chain?
Locada Changed status to publish July 22, 2024
A resilient and agile supply chain is built upon key components that enable adaptability and responsiveness to unforeseen challenges. These components include robust risk management strategies, flexible and diversified sourcing, effective collaboration with suppliers and partners, advanced technologies for real-time data and visibility, and a proactive approach to supply chain disruptions. Additionally, a culture of continuous improvement, supported by regular assessments and scenario planning, is crucial to enhancing the resilience and agility of the supply chain.
Locada Changed status to publish July 22, 2024