The new approach to global supply chain management requires constant business change. Companies need an outside-in perspective that allows for an efficient and responsive supply chain.
In this webcast, Bob Ferrari, executive editor of the Supply Chain Matters blog, discusses the key factors in balancing a global supply chain. According to Ferrari, supply chain risk is a strategic issue with 71% of polled executives indicating that supply chain risk is an important factor in decision making.
Businesses need to provide more user-friendly applications that users can embrace in order to bring their supply chain management to the next level. Ferrari also discusses the need to track the data and information that most correlate to the largest risks.