Resilient Supply Chain Archives - Supply Chain Game Changer™

The Resilient Supply Chain! Passing Fad or Long Term Strategy?

The Parallel Supply Chain … A Twilight Zone Strategy?

Since the Coronavirus pandemic exposed the fragility of the global Supply Chain, everywhere you look you see the word “resilience” being used as the latest buzz word.

Everyone is talking about making Supply Chains more resilient and robust, as if there was never any attention in the past in this regard. The danger is that with the dissemination of vaccines globally, and things getting back to normal in the near future, albeit a new normal, people will quickly forget what we all just went through.

People will fall back into their old, comfortable ways and far too many will forget all about the need to embed resilience in their Supply Chains. For that reason we wonder whether the resilient Supply Chain is a passing fad or a sustainable strategy?

How Preventive IT Reduces Supply Chain Breakdowns!

Preventive vs Predictive Maintenance – Which is Better? (Infographic)

Supply chain breakdown is a serious problem that can lead to significant losses for any business. Issues like poor forecasting systems, inadequate transportation resources, and human errors are common reasons for this incident. If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations.

To reduce supply chain breakdown, you have to use preventative information technology (IT) that will enable you to identify risks that might disrupt your operations. Once you do so, you’ll be able to develop effective strategies to mitigate them before they happen. As a result, you can ensure that your production team can mass-produce high-quality items that would delight your buyers.

Here’s a seven-item list of how preventive IT can help reduce supply chain breakdowns:

The Reactive vs Proactive Supply Chain Poll Results!

The Reactive vs Proactive Supply Chain! Which Will Prevail?

Is your Supply Chain reactive, always fire fighting and dealing with new problems every hour and every day?

Or is your Supply Chain proactive, having defined and implemented the strategies necessary to create a more robust and resilient Supply Chain, less amenable to daily disruptions and surprises?

In a recent article, The Reactive vs Proactive Supply Chain! Which Will Prevail? we discussed this problem and state of companies around the world.

We polled our readers to find out where their companies stand in this regard. Here are the results!

How to Minimize Supply Chain Disruptions!

The Resilient Supply Chain! Passing Fad or Long Term Strategy?

Supply chains are believed to be the backbone of your business operations. They’re fragile ecosystems that can lead to severe losses when a disruption occurs. This is mainly because the systems are interconnected. One slight change affects the process downstream.

Supply chain disruptions are unpredictable but can be controlled. They occur due to various reasons. There’s no supply chain immune to the disruptions. All it takes is strategic measures to minimize and contain the disruptions. Below are some insights on how to go about it:

How Small Businesses Can Build Resilient Supply Chains!

The Resilient Supply Chain! Passing Fad or Long Term Strategy?

Small business owners struggle with several challenges, from financial constraints to team management, tight deadlines, and stiff competition. Supply chain bottlenecks and disruptions are also one of the most critical hindrances. According to July 2022 statistics, 36.1% of small businesses struggled with domestic supplier delays, while 13% cited delays by foreign suppliers.

Delays in sourcing materials, supplies, or inventory means missing out on deadlines and failing to match demand. You may even lose points on the customer experience front. Nearly 2 in 3 American small businesses faced supply chain issues amid the pandemic, and the problem persists for many enterprises.

Safeguarding Supply Chains: How to Protect Your Business!

Coronavirus Exposes Global Supply Chain Fragility!

Supply chains are inherently at risk. Not only are there many moving parts that make a supply chain work, but there are also tight deadlines, environmental and political factors, and even the human worker themselves that can cause delays, hiccups, and issues. As such we must be safeguarding Supply Chains.

One of the biggest wake-up calls for logistics companies was the pandemic. With everything shut down, new rules being put in place, health and safety issues, and of course, the shutdown of manufacturing and production, as well as retail stores themselves, this put logistics companies and their partners into an absolute tailspin.

How Contract Manufacturers Bolster Supply Chain Resilience!

The Resilient Supply Chain! Passing Fad or Long Term Strategy?

The supply chain world is complex, volatile, and ever-changing. Resilience, therefore, is not a luxury but a necessity for companies that aim to navigate disruptions and ensure business continuity. But how does one build a resilient supply chain? One strategic move is turning to contract manufacturers.

This article explores how contract manufacturers can significantly bolster supply chain resilience.