A recent report on the state of the global supply chain describes the current climate as persistently unpredictable. That is not a favorable forecast for any company, regardless of what they are selling. Profitability in large part demands that schedules be kept. When supply chain issues challenge this factor by failing to deliver on deadlines, business begins to break down.
One option for addressing the current state of unpredictability is supply chain diversification. Businesses seeking to navigate the current supply chain climate can utilize diversification to increase their options and their flexibility.
