It’s certainly no longer “business as usual” for supply chains. A convergence of factors has placed significant pressure on organizations’ supply chains to address a wide range of new challenges and priorities that, in many cases, existing supply chain capabilities aren’t capable of handling. In particular, companies’ are hampered by a lack of visibility. It’s been well documented, for instance, that COVID-19 caused large-scale supply chain disruptions, risks, and uncertainty that nearly paralyzed companies for a time—largely due to a combination of unforeseen demand spikes and insufficient capabilities to respond to them—and these challenges are still wreaking havoc in companies today.
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