What the supply chain crisis taught us - and how businesses can prepare for the next one
Briefly

from ITPro2 months ago
Fred Lherault highlights that the IT industry's vulnerability is exacerbated by a lack of component supplier diversity and design alternatives, especially post-pandemic and amidst AI/ML's rise.
ITProhttps://www.itpro.com/business/business-strategy/what-the-supply-chain-crisis-taught-us-and-how-to-prepare-for-the-next-one
Rasheed Mohamed emphasizes that businesses must not overly optimize supply chains solely for cost-saving but should focus on building resilience to navigate unpredictable events.
ITProhttps://www.itpro.com/business/business-strategy/what-the-supply-chain-crisis-taught-us-and-how-to-prepare-for-the-next-one
Lherault suggests alternative component options should be common to simplify the supply chain, which is influenced by ongoing issues like skills shortages and data transfer needs.
ITProhttps://www.itpro.com/business/business-strategy/what-the-supply-chain-crisis-taught-us-and-how-to-prepare-for-the-next-one
Mohamed warns that over-lean supply chains create risks, stating the importance of redundancies and local resources to mitigate potential disruptions.
ITProhttps://www.itpro.com/business/business-strategy/what-the-supply-chain-crisis-taught-us-and-how-to-prepare-for-the-next-one
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#supply-chain-management #it-industry #globalization #resilience #component-diversity
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