Today we recognize that the supply chain is a source of strategic advantage. In our quest to drive scale and reduce costs, we have architected supply chains spanning the globe. However, as these supply chains become increasingly globalized, they are also more vulnerable to disruption. Natural disasters, weather events, business cycles and more recent challenges, such as the threatened tariffs on Mexican goods, the ongoing trade war with China, and the outbreak of the coronavirus, highlight the need for shippers to create and maintain a resilient supply chain.
But what do we mean by a “resilient supply chain?”
In this article in Logistics Viewpoints, Russ Felker, GlobalTranz’s CTO, describes the critical elements of a resilient supply chain and provides a roadmap for logistics leaders who aim to thrive- not simply survive- no matter the challenges that come their way.
To read the article, please click here.