Manufacturing Today Issue 206 Issue 206 Nov 2022 | Page 16

... the Flex Pulse , has helped our team quickly size and scope supply shortfalls and identified regional factory shutdowns ...

Here , I ’ ll share some of the best practices learned over the past few years to protect supply chains and secure the trust of global premium brands .

Unlocking supply chain transparency
Trust begins when a supply chain partner can anticipate delays and swiftly implement mitigation plans . This instils confidence and builds trust between suppliers , companies , and customers .
As consumer demand fluctuates in response to economic , social and geopolitical shifts , it is increasingly important for global brands and their partners to have efficient and transparent supply chains to manage dynamic demand . This includes removing obstacles that can hinder visibility such as inaccurate data , poor information systems and lack of visibility upstream . If supply chain managers can ’ t relay precise and timely information , companies will make decisions based on faulty or incomplete data . This can cause problems further down the line and lead to shortages , surplus stock or product shipment delays that impact the bottom line .

... the Flex Pulse , has helped our team quickly size and scope supply shortfalls and identified regional factory shutdowns ...

The value of visibility in decision-making
Visibility can help build trust at every stage of the supply chain . Ultimately it can benefit the end user , who is now more conscious of each purchase and expects full availability , traceability , and accountability . For the customer , being able to get a product in time can be a source of differentiation . Branding , price , and product innovation apart , suppliers and distributors can be the vital component in meeting and exceeding customer expectations while competing brands struggle with their supply chains .
We work closely with clients to identify their preferred suppliers . A dedicated supply chain team uses a proprietary software-based collaboration tool that offers extraordinary levels of real time insight into highly complex ,

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