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The traditional supply chain model does not have the flexibility to adapt when constrained capacity, fluctuating demand, and political trade uncertainties affect the market. In this webcast we’ll explore a more modern approach to supply chain that moves away from a traditional logistics model and embraces a global trade network…
According to Deloitte, the U.S. manufacturing sector is “woefully unprepared”for the cyber threats associated with new connected technology. In “Industry 4.0 and cyber risk: Security in an age of connected production,” one-third of all manufacturers sampled admitted to not having performed any cyber risk assessments of the industrial connected devices operating on factory floors.
Uncertainty seems to be the word of the day in global sourcing. From shifts in political, economic and trade policies around the world to changing expectations in terms of speed to market, there are numerous powers at play that suppliers, retailers and brands will have to watch closely over the coming months.
While supply chain managers and procurement leaders are well aware of the potentially dramatic impact of digital transformation on their operations, new research from The Hackett Group, Inc. reveals that few feel they have the necessary strategy, talent and competencies in place to seize an advantage.