With the current state of the global economy — brought forth by supply chain disruption — many organizations have been faced with a similar predicament:
“How can we make our business more resilient?”
Safeguarding revenue stability through a robust supply chain, whilst simultaneously avoiding the burden of an asset-heavy balance sheet, has posed a key challenge. How will our organizations enjoy the security of a Just in Case approach, without sacrificing the advantages of Just in Time? The conflict between security and efficiency in the supply chain is a difficult one to navigate. While procurement teams want to maintain a certain level of security for their supply chain, they often find themselves having competing priorities with the need for cash-friendly balance sheets. At times, the two needs seem mutually exclusive.
How does one achieve supply chain security without the downside of inventory-trapped capital?
Learn more in this e-book we created alongside Falcon Group, a leading global provider of asset and inventory solutions: