When the Fukushima disaster rocked Japan in 2011, it created a serious disruption to the global supply chains of electronics, automobile and other major industries. Where should you focus your risk management efforts to avoid this kind of disruption?
Retailers and their suppliers are under more pressure than ever before to deliver more goods to more destinations faster.
To stay competitive, "retailers need to know where things are at all times so they can redirect shipments, rebalance inventories and respond to new demands on the fly," says Rich Becks, general manager, Industry Value Chains, E2open, which delivers cloud-based supply chain collaboration solutions.