SUPPLY CHAIN
Jonathan
Colehower at Procurement & Supply Chain Live 2022
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architectures of the world ’ s supply chains . As a result , virtually every company in the world is re-evaluating their supply chain footprint , determining where best to place their physical assets such as manufacturing facilities , warehouses and more .”
Resilience is multifaceted and broad in nature , says Steinberg , who adds that endto-end visibility is “ foundational to a resilient supply chain ”.
He adds that a key theme of resilience has emerged in the course of EY stress-testing clients ’ supply chains , in order to uncover both vulnerability and opportunity .
“ It ’ s about creating agile networks , by re-evaluating the geographical and strategic architecture of the supply chain ,” he says .
He adds that , although it is a simple question to ask what should be local , regional or global , in a complex partner ecosystem “ reconciling a network of warehouses , manufacturing plants , logistics , procurement and the other pillars of the supply chain is never easy ”.
Steinberg cautions that building a trusted , secure supply network in an era where everything is interconnected by technology means “ cybersecurity is paramount if a supply chain is going to be resilient ”.
If trust in the cyber integrity of a supply network is vital then so to is trust among those who comprise the network .
Jonathan Colehower – Global Supply Chain Strategy Practice Lead at digital transformation specialist UST – says there is little doubt that modern supply chains are more network-based than in pre-pandemic times , and that this will require a mindset change among vendors .
Colehower points out that in traditional supply chains suppliers typically have visibility one layer up and one layer down .
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