Industrial suppliers are facing similar challenges to those of our retail counterparts discussed in this article. Taking advantage of new technology, analytics, and real-time insights is a must.
“These technologies enable supply chain planners to innovate, drive cost reductions, improve service and meet customer expectations – more efficiently than ever before. The supply chain will only become more complex, so suppliers and manufacturers have one option – to be adaptable, fast, precise, and resilient.” – Industry Today’s “Speed and Precision: The Supply Chain Differentiators” article