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When it comes to managing your supply chain, bigger isn’t always better. Smaller enterprises have one very big advantage: their ability to be nimble and flexible with suppliers. Large multinationals, however, are often locked into certain geographies and partnerships that can be hard to unwind.
In a recent Inc. article, supply chain expert Sean Laffere explores this issue. He says, “Smaller players can leverage this advantage to build supply chain resilience into their DNA, while borrowing some of the smartest practices of larger firms to improve their supply chain management and efficiency.”
Read the full article to learn five strategies that can help tackle your supply chain challenges.