Diversifying the supply chain is of the utmost importance to ensuring the greatest possible choice of goods and services. The most obvious advantages are cost and efficiency, but it also comes down to sustainability and, ultimately, reputation….
by Cliff Henson, Sr. VP Global Supply Chain, Hewlett Packard Enterprise
The triple blows from hurricanes Harvey, Irma, and Maria in the United States were a wake-up call to many businesses on the importance of managing and predicting supply chain risks.
While the long-term impacts of these disasters are still unclear, operations across the country were immediately disrupted as factories and business shut down, transportation came to a standstill, and fuel prices skyrocketed. Yet the impacts were far less disruptive compared to even one or two years ago thanks to the adaptability that new digital technologies provide.