How to Develop a Risk Resilient Supply Chain and a Future Proof Manufacturing Footprint
For the past few decades, the path to success in manufacturing often resulted in extended supply chains and multiple sources of operations. When everything worked correctly, costs were low and margins were fat.
COVID-19 has put that old model of manufacturing under tremendous strain. The questions of how and where your company will have distribution and manufacturing operations in the US, Europe, China, Asia, and everywhere else have all been reopened.
How will your company not only cope with the current short-term crisis, but also build a future proof value chain? Join us to start planning your roadmap, including answers to the following questions:
- How to build your risk-resilient (decentralized) supply chain?
- Are decentralizing production or reshoring realistic options for your company?
- How can you manage your supplier base better with more advanced supplier management tools and a control tower to enhance visibility?
- How do you find the best location for your new consolidated plant/distribution center?