Covid-19 has shown that resilience in the Supply Chain, and specifically Procurement capability is critical to recovery, short term. Leaders must improve their Supply Chain resilience and address identified risks in the new world as they plan post-crisis recovery.
Everything we do is about improving supply chain performance
Low cost countries have done a spectacular job of growing both manufacturing volume and technology, but their risks are reasons to assess sourcing strategies:
- A decade of above market salary inflation has already caused partial re-shorting of certain products
- Difficult to assess the true risk without the complexity of mapping tier 2 & 3 suppliers
- Growing IP abuse means the cost and distraction of mitigation can be huge.
Learn more how Proudfoot can improve procurement, supply chain planning & execution, output optimization, manufacturing & logistics efficiency, network modelling by downloading our guide below.