Work Smarter, Not Harder: Taking Back Supply-Chain Control During Inflationary Periods
In 2021, countless manufacturers faced crippling financial losses in the US$ 100 million - 200 million range. Supply-chain constraints — especially from semiconductors and resins shortages — coupled with commodity inflation and logistics bottlenecks have wreaked havoc on the manufacturing industry.
According to a McKinsey study, only 50% of the supply-chain leaders surveyed cited understanding the location of tier-one (direct) suppliers and the primary risks those suppliers face. Nevertheless, manufacturers that have skillfully navigated supply-chain disruptions were 2.5 times more likely to have advanced supply-chain analytics in place.
Effectively managing supply-chain disruptions requires agile decision making and rapid course correction — and integration is the key foundational enabler for such capabilities. MuleSoft, a leading integration solution, empowers manufacturers to combine intelligence platforms, systems, workflows, people, and machine learning to get manufacturers back on track sooner.
Readers will also learn about:
- The difference between supply-chain visibility and transparency
- Concrete, actionable supply-chain insights to remedy unprecedented hiccups
- The five stages of integration evolution
This white paper delves into the supply-chain challenges manufacturers face in today’s inflationary environment, how data-backed visibility and transparency bolsters resiliency during trying times, and how a MuleSoft integration solution fuels business intelligence and agility.