Take on Tomorrow
How can supply chains transform from fragile to agile?
Mar 8, 2024
Delving into the urgent need for businesses to strengthen their supply chains amidst geopolitical, environmental, and technological shifts. Discussing the challenges faced by global supply chains and the importance of resilience, technology integration, and collaboration. Exploring the evolution towards diversified sourcing strategies, technology-driven operations, and risk mitigation. Highlighting the trend towards localized and flexible supply chains, along with strategies for companies to embrace future opportunities and drive growth.
27:45
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Quick takeaways
- Prioritize supply chain resilience by integrating it into business strategy using AI and contingency plans.
- Businesses must adapt to the new global economy by rebalancing business models amidst ongoing disruptions.
Deep dives
Building Resilient Supply Chains for the Future
Companies need to prioritize supply chain resilience by integrating it into their business strategy. This involves identifying key constraints, creating contingency plans, breaking down internal silos for collaboration, and embracing technologies like AI to manage disruptions effectively.
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