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A Roundup of Supply Chain Trends & News
While the future of supply chains is uncertain, some pressures have eased. Of course, there’s always something else to take their place. Inflation is taking a large toll, businesses are scrambling to sign up new suppliers, and building resiliency has taken on a new focus, as has innovative technology.
Here’s the latest in supply chain content from across the web. In this newsletter: Sustainability challenges; moving out of crisis mode for manufacturers; how to mitigate risk in supplier selection; and five ways to avoid, absorb and recover from disruptions.
A Matter of Focus: Overcoming Sustainability Challenges
The Challenges of a Sustainability Transformation
Company leaders know that sustainability is no longer an option – it’s an imperative. The will is there, but execution is lacking as the C-suite doesn’t know which areas to prioritize. Sustainability transformation requires focusing on five main areas and understanding the three obstacles that hold them back.
It's Time for Manufacturers to Move Past Crisis Mode
Here's How Manufacturers Can Dig Themselves Out of Crisis Mode
The pandemic threw everything into chaos. Manufacturers scrambled at an unsustainable pace to compensate for supply chain disruptions, but without fundamentally changing systems and processes along the way. It’s time to move out of crisis mode, take a long-term view, and implement the steps it takes to get ahead of new disruptions.
Every company is looking to shore up its vendor base to better cope with supply chain disruptions, but adding vendors always comes with an element of risk. Cost should not be the only consideration – not properly vetting new suppliers can mean disaster. Here are some criteria to consider before you add to your roster of suppliers.
Facing the Future: Building Resiliency for Disruptions to Come
5 Ways to Avoid, Absorb and Recover from Supply Chain Disruptions
It’s been rough, and supply chain leaders have been occupied with disruption response. As things are easing slightly, it’s time for organizations to take the steps necessary for resiliency. It’s a risk-balanced approach that will allow organizations to avoid and absorb any future disruption and recover with relative ease.
WEG Chooses the Logility® Digital Supply Chain Platform
WEG Joins the Logility Client Community
WEG, headquartered in Brazil, is a world-leading supplier of electro-electronic equipment and solutions. They are in the midst of a large expansion and chose the Logility®️ Digital Supply Chain Platform to support planning and execution, citing the company’s dedication to understanding WEG’s unique needs.