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Managing Supply Chain Disruptions: Best Practices for 2024
As the global economy recovers from the post-pandemic recession, supply chain disruptions are still casting a long shadow. These disruptions significantly contribute to high inflation rates that have affected international markets for nearly 5 years. According to the Federal Reserve Bank of New York Supply Availability Indexes, while these disruptions have eased since the pandemic’s […]
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Achieving Supply Chain Agility with Data Centralization
Today, flexibility and adaptability are key differentiators of a successful supply chain strategy. With more supply chain threats than ever before, companies are realizing that an agile supply chain is a necessity. Real-time visibility is vital for optimizing complex processes and building a resilient, agile supply chain. In fact, Fictiv’s recent State of Manufacturing […]
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What Is Real-Time Visibility, and How Does It Transform Supply Chain Logistics?
It seems that the only constant in the global economy is unpredictability, and this comes at a cost for many businesses. A recent Gartner survey found that 63% of supply chain professionals expect a loss in revenue when exposed to uncertainty, while a mere 9% anticipate revenue gains. This highlights the critical role of achieving […]