P R OCUR EMENT INSIGHTS
could increase workforce instability in operations and supply chains and impinge on consumers ’ access to retail stores . The companies that build resilience into their supply chains will be best positioned for success and growth as they will have an adaptive advantage in the face of change and volatility .” It ’ s important to engage with companies of all sizes , as well as working with companies based in different locations in case of issues like physical disasters . Not that you have to eliminate big business completely , as engaging with different sized businesses also has its rewards .
Puneet Saxena , Group Vice President , Supply Chain Planning at JDA Software : “ Supply chains face many challenges in today ’ s global and volatile economy . Increasing outside pressure from the likes of omnichannel retailing , political upheaval and even extreme bouts of weather mean businesses have to deal with increased risk and uncertainty , placing pressure on overall profitability and growth . To overcome these pressures the supply chain must not only be resilient , but also increasingly diverse . Companies need to evaluate their overall sourcing strategy and supply chain network
‘ The companies that build resilience into their supply chains will be best positioned for success and growth as they will have an adaptive advantage in the face of change and volatility ’
42 February 2018