COVID-19 has had a lasting impact on virtually every industry, and manufacturing is no exception. The pandemic has amplified supply chain challenges that are increasingly complex, from highly customized orders, intricate sub-assemblies and parts sourced from more global suppliers, and overburdened planning and procurement teams.
In this “new shortage economy,” it’s increasingly evident that manufacturing’s existing processes are in need of an upgrade. Additional insight and visibility into the supply chain is necessary for manufacturers to avoid shortages, optimize inventory, and save money.