Industry Week: Seven Strategies for Creating Business Resilience
February 5, 2021
Key strategies to prepare for “unpredictable supply chain disruptions”:
- Plan for the Worst-Case Scenario
- Leverage Integrated Systems and Technology
- Improve Inventory Visibility and Flexibility
- Establish Robust Forecasting and Planning Processes
- Establish Flexible Manufacturing Processes
- Reduce Lead and Cycle Times for Fulfillment and Replenishment
- Drive Continuous Improvement and Innovation