Is it time to change your supplier strategy?
When was the last time you carried out an in-depth review of your suppliers?
We are all aware of the supply chain challenges that businesses are faced with. In light of these, is your business looking to resurrect a more local supply chain to re-direct risk across a broader supply base?
Historically, sourcing activities were far-reaching, in many cases due to lower production costs overseas. However, recent events have caused businesses no end of disruption due to the inability to get hold of materials, thus wiping out any costs savings from sourcing abroad.