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Surviving the Global Supply Chain Breakdown: Threats and Opportunities 

By diversifying suppliers, sharing information along the supply chain and developing regional solutions augmented by technology and real-time data, we can have flexible supply chains that respond to rapidly evolving crises in a way that guarantees the flow of critical components for manufacturing and products to consumers. 

If you can still manage the stress of looking at the world news, you’ll have noticed that the Supply Chain is a frequent story. Over the last two years, it has taken a pounding from the pandemic, labor shortages, lockdowns, environmental disaster and geopolitical hostilities. Dealing with one of these events at a time is serious enough but dealing with all of them at once has essentially blown apart the global supply chain as we knew it in 2019. 

The supply chain itself is somewhat to blame for this. The traditional approach to global logistics has prioritized profit over resiliency, including single-sourcing of … Read more...



This post first appeared on Intelex Blog - Environmental, Health, And Safety M, please read the originial post: here

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Surviving the Global Supply Chain Breakdown: Threats and Opportunities 

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