During the global recession of 2008, operationally resilient companies delivered an EBITDA increase of 10%, compared to a 15% reduction experienced by their peers.
True resilience is having options and adaptability through times of change. In practice, that means alternative suppliers who pre-qualified and ready to go.
Finding alternative suppliers who can meet your quality and schedule requirements can be difficult. That's why your existing supply network, already delivering against your requirements, can be a valuable source of alternative suppliers.
With supply chain visibility, you can identify opportunities to consolidate spend on raw materials, opening up new contracting strategies and cost savings that the whole supply chain can benefit from.