________________________________________________________________________________________________________________________
The resilie
case for
Supply chain optimization in an unruly world .
By Fraser Paget
Supply chains have been stretched one way and pulled the other in the last three years , as tensions emanating from a global pandemic and the war in Ukraine have created a ripple effect – leading to a spike in material costs , delivery delays , and stock shortages , amongst many other things .
No sector has been immune from supply chain disruption , as every segment of the industry has had to come to terms with factors largely out of their control . When you add in more traditional challenges , such as skills shortages , shipping capacity , tariffs , supply chain security , and consumer demand , then the argument to address the ways and the whys has never been greater . Supply chain optimization really has come into its own . When you ’ re battling on all fronts , it pays to take a step back and look at where efficiency gains can be made , whether that ’ s through investing in automation , new software or digital capabilities , offshoring or onshoring your supply chain , looking at sustainability and transparency , customer experience , or introducing resilience and durability programs within the supply chain . The list is long .
8