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More than the next disruptor, demand variability poses the most consistent threat to supply and inventory continuity. A course of action supporting and monitoring every supply chain touchpoint is critical; recent global challenges have dictated this as a new long-term truth.
Ninety percent of supply chain risk rests within the sub-tier supply base, said Sumit Vakil, co-founder and chief product officer of Resilinc, a Milpitas, California-based provider of supply chain risk-management research and analytics. During the “Building Supply Chain Resiliency through Data Collaboration” webinar last week, he said that when looking at risk management and resilience, organizations must change their perspective.
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