Six Cost Saving Benefits of Risk Management within the Supply Chain
Manufacturing can be risky. The ebbs and flows of supply and demand commands a constant observation of forecasting and trends.
Chadwick Heard
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May 18, 2016 10:58:16 AM
Did you know that a dry spaghetti noodle never breaks into only two pieces when you bend it? Do you know why? A better question is what does this have to do with logistics and supply chains?
Check out the video and explanation below to find out.
CONCLUSION:
A break at any point within the supply chain disrupts the entire flow downstream, which causes multiple delays and disruptions. That is why communication is crucial. When a change happens, it needs to be communicated downstream so preparation and adjustments can be made.
Do you need help with communication and planning throughout your supply chain?
Manufacturing can be risky. The ebbs and flows of supply and demand commands a constant observation of forecasting and trends.
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