This is an important time for the supply chain profession. Supply chains are in the news, on governments’ agendas, and in the spotlight. Supply chain professionals are facing disruptions on multiple fronts, including rising geopolitical tensions among countries and regions, shifting maritime trade lanes, labor disruptions and layoffs, increased sustainability/ESG compliance requirements, more frequent extreme weather events, multiple national elections, growing movements to reshore/nearshore/ally shore, and much more.
In the face of ongoing disruptions, now is the time to rise to the occasion and plan for success amid the uncertainty.
Tips for Continuing to Drive Supply Chain Success Amid Uncertainty
To ensure that supply chains can withstand the unknown unknowns that have been happening (and keep happening), here are four tips to help supply chain leaders stay focused on driving success.
- Leverage advanced analytics and supply chain digitization to enable better decision-making.
- Reinforce your organization’s foundation with robust data management and increased process standardization.
- Stay aware of changes in the external environment by leveraging emerging technologies for greater visibility and increasing collaboration across and within your supply chain.
- Remember that talent management matters. Put people first. Even with the latest and greatest technology, organizations still need skilled, capable employees to drive success.
Learn more in APQC’s 2024 Supply Chain Priorities and Challenges: White Paper. And explore the collection.