While the need for reimagining control towers is clear, businesses must shift their focus from immediate sourcing problems to the elephant in the room.
This year, 57% of companies reported longer lead times for Tier-1 components, and 75% experienced supply chain disruptions.
Nearly half the companies experienced difficulty moving goods within China itself.
While some companies are adjusting their revenue targets downward, others are consolidating their supply chains by implementing modern control towers that bring true resilience and agility - the master ingredients of success in this quasi-static economy.
Enterprises can no longer settle for the status quo, and adjusting revenue targets downward will not help in the long run.
Companies must adopt modern control tower solutions that are built to speak the language of today’s business rather than yesterday’s.
Supply chains are complex, dynamic global networks - businesses need a system that can not only unify disparate data and connect parties across these networks, but that can also enable visibility and control, and bring greater confidence in decision-making.
What’s Inside: