We’re hearing a lot of supply chain buzzwords as we emerge from COVID, such as transparency, visibility and resiliency. There is also talk of strategic shifts, like China plus 1, Just-In-Case inventory, re-shoring and supplier mapping. They all aim to address the same issue, which is how to reduce or mitigate supply chain risk so that the next disruption isn’t so disruptive. So, where are we headed?
That was the topic of a conversation I had recently with Bindiya Vakil, the CEO and co-founder of Resilinc.