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Navigating the supply chain crisis

06Jan

Global supply chains are under massive pressure to keep up with demand while coping with raw materials and product shortages. Manufacturers may feel like there isn’t much they can do to change the situation, but there are strategies which can help companies stay afloat.

A complex combination of political upheavals, pandemic-related delays and natural disasters has recently caused worldwide disruptions and affected consumer patterns. When events of these proportions happen, manufacturers might feel powerless. However, there are action to be taken that can minimise the impact of disruptions. The first one is to diversify the company’s supply chain.