Supply chains hold the key to survival for thousands of companies caught up in the global economic downturn. That's the view of Fraser Ironside, global business development director for consultancy and software developer Barloworld Optimus. Ironside says that the next eighteen months will see supply chain issues come under the microscope on an unprecedented scale as the impact of the worldwide credit crunch hits home on the high street.
"We're talking 'make-or-break' time for thousands of companies--and not all are going to survive. The fallout from the American credit squeeze is already being felt across the world and with economic advisers now openly talking of recession, companies are going to have to act if they're to remain viable."
Source: Manufacturing & Logistics IT, http://www.logisticsit.com