Key takeaways for supply chains

Below is a Key takeaways condens germany phone number library version of the webinar if you’d prefer: It offers the latest trends, best practices, and insights you can use to adapt your supply chain and logistics strategy.

Key takeaways for logistics

Key takeaways for commerce infrastructure
What we’ve learn about the supply chain
The global pandemic, according to Jim Kilpatrick, Deloitte’s Global Supply Chain & Network Operations Leader, has expos global supply chains as much more vulnerable than many had realiz. These vulnerabilities are especially acute for businesses with a high dependence on China to fulfill their ne for raw materials or finish products.

Kilpatrick says years of focusing at minimizing costs in the supply chain or rucing inventory has ruc the flexibility ne to absorb disruptions. Put differently, many organizations are overly reliant on just-in-time inventory from single-source suppliers and not fully aware of the vulnerability of their supply chain relationships to global shocks.

Even though businesses had an early warning as the coronavirus initially swept China, Kilpatrick contends most organizations in the U.S. did not react quickly enough.

The traditional linear supply

chain model is transforming international law and distribution conference into digital supply networks (DSNs),” Kilpatrick says. “Where functional silos are broken down and organizations germany cell number become connect to their complete supply network to enable end-to-end visibility, collaboration, agility, and optimization.”

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