3 Steps To Make Your Supply Chain Face Any Crisis

1. 3 Steps To Make Your Supply Chain Face Any Crisis Like the ongoing global pandemic, the world has faced many events – diseases, natural disasters, and economic recessions – in the past. All of them have influenced the supply chain at both domestic and international levels. The current pandemic has disrupted it a lot and created enormous uncertainty. Keeping the supply chain operational at normal level is crucial for businesses and public. With normalcy in it, there will not be the shortage of goods. Logistics companies, shippers, freight forwarders, and other players need to play a lead role. Here are some steps that you can take to maintain the smoothness in the supply of your goods: 1. Diversify sourcing

2. The supply chains have faced extensive disruption due to operational shutdowns of many businesses across the world, especially in highly impacted area. For years, China has been a significant manufacturing hub. Therefore, supply chains are completely focused on the regions around China for the procurement of goods. Diversifying your sourcing will ensure you constant goods supply. For this, you should have an association with more than 2 manufacturing hubs. With effective response and proper planning, you can maintain your business operational usual in any crisis, especially caused by diseases. 2. Make an investment and adopt technology advancements Innovation has a greater influence on all aspects of human life. And the supply chain is not excluded from the effect of technological advancements. The use of technologies, like ML/AI, and automation has facilitated planning and forecasting systems.

3. Further, prescriptive and predictive analysis makes the supply chain players find out the issue earlier before it starts creating problems. Proper combination of AI/ML, automation, and Prescriptive/predictive analytics can make the supply chain process stronger and enable to face any emerging crisis. •Automation – It can facilitate workforce when there is sudden increase in demand, worker absence, and volume via more proficient production, distribution, and fulfilment. •AI/ML – It can assist in planning and forecasting. Further, it can optimise the product inventory in high demand and decrease operational waste. •Predictive/prescriptive analytics – It helps you have a close look at the atmosphere all around and recommends what actions you should take to minimize the impact. And the action taken in real time saves you from having huge loses. 3. Train your employees No technology is useful when no one knows how to operate the latest tools or technologies installed at a facility. You need to empower your workforce with machines, tools or equipment you have installed or going to install. Further, a tool like workforce management can assist you to maintain workforce morale, productivity, and morale through a crisis. With this tool, you will have enhanced collaboration, direction, efficiency in optimising operations, etc. Conclusion Supply chain is a crucial part of your business. Any disruption in it can affect your business success, and so, you need to keep its normalcy maintained. For this, you can diversify your product procurement, rely on the latest technologies (AI, ML, and automation) and train your workforce. For your product transit, you can join your hands with Afghan logistics. Your collaboration with this freight forwarder will make your sure about timely procurement and delivery of goods in your business operation.