The pandemic has brought renewed focus on the supply chain, resulting in companies now seeking more robust and reliable ways to bring their goods to market. From transport and storage to packaging and wholesalers, there can be multiple points on the supply chain that could span the globe.
While some organisations have been seeking domestic suppliers to address the risk of border closures, most businesses don’t have the option when seeking to import specialist goods and components and deliver overseas sales revenue. In some cases, creating a more robust supply chain means creating some redundancy with alternative suppliers and new partners across the globe. This means an increasing need for companies to protect their profits and mitigate their risk from working with multiple partners and providers throughout the supply chain.