Today’s complex, intertwined supply chains face a volley of volatility, uncertainty, and disruptions that extend well beyond their four walls. It is all too clear following the pandemic that risks anywhere in the layers of multi-tier suppliers and partners can and will impact a company’s bottom line.
The pressure for companies to generate more value and better performance from their supply chains hasn’t changed. When it comes to organizational strategy and the expectations for financial performance, customer satisfaction, and contribution to environmental, social, and corporate governance (ESG) goals — that pressure is only increasing. More than ever, companies are focused on maximizing the returns from their existing investments and amplifying benefits across the enterprise.