Supply Chain Strategy Unpacked: The Struggle to Diversify
4 Min Read By Peter Follows
Every day, businesses face fresh challenges that highlight the urgency of building resilient supply chains. Recent trade tensions combined with foodborne hazards and avian flu impacts have only heightened the need for strong strategies and nimble tactics. It is no surprise that diversification has become the central theme of supply chain strategy. And while the logic behind diversification is sound, the implementation can be far more challenging in practice than it is on paper.
The Shift Toward Integrated NetworksA growing trend in supply chain management is the move away from linear, single-supplier chains to integrated, diverse networks. This shift has been largely driven by the increasing complexity of global trade policies and economic uncertainties. The last decade has shown how important it is for organizations to prepare for volatility.
This transition to integrated networks requires more than just coordinated expansion. It requires long-term vision…
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