Industrial Supply Chain Blog
The power grid known as distribution has changed from the traditional analytical process to the more traditional buy as you build model. The reason for this approach is simple. You cannot predict or plan for inventory solutions if they are unpredictable. So, with this being said, where are we now? The Industrial Supply chain is still in a bind. More manufacturers and distributors have been looking for other sources to fill their shelves. This is a good opportunity for non-traditional importers and exporters to up their game. Examples of this include India gaining big momentum on the export as well as import side. Meanwhile China will try to resume their large portion of the Industrial export sector.
What should Industrial Suppliers think about? A real time approach will definitely help as we try to heal from the difficult supply chain efforts that rippled through the entire industry. Real Time data is already out there. The real time reports are right in front of you. The answer to these questions and issues might have been in front of you the entire time!
Happy New Year!
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