Over the past year, business owners have become acutely aware of the vulnerabilities they face. One area of increasing concern is their supply chains, says Vendigital’s Paul Cooper.
Highlighted by the disruption of the coronavirus pandemic, the impact of Brexit and events such as the Suez Canal obstruction in March, supply chain resilience is now front of mind for businesses of all sizes.
Taking action now to build supply chain resilience could help businesses avoid unnecessary disruptions and costs, aid future growth and ultimately drive competitive advantage.
Here we outline three key strategic areas that businesses should focus on as a priority in order to achieve resilience across their supply chains.