Antony Bourne, industry director for manufacturing at software developer IFS, examines agility in the supply chain.
Managing a supply chain in an unpredictable economy is anything but straightforward. Fluctuations in commodity prices, changeable consumer and business spending patterns, and ever changing demands on inventory and stock control all merge to produce a volatile business environment. For many manufacturers today, reliance on a lean production model is vital to competitiveness; but in…
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