Increase supply chain agility to stay competitive in the global market

09/16/2013 | Management Today (U.K.)

Being responsive to market demands is a key to staying competitive in the global landscape, but the ability to deliver exactly what customers want requires agility and supply chain know-how, says Michael Minall, supply chain consultant at Vendigital. To increase supply chain agility, companies must have access to high-quality data to analyze market demand accurately. They should also invest in their supplier relationships and build facilities closer to where the markets are, he says.

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