If we didn't already know, there was a recent illustration of just how vulnerable supply chains can be, particularly when they are long, complex and dispersed. A chain is only as strong as its weakest link and the strike action at Felixstowe, the UK’s largest container port, served as another lesson in how severely and quickly supply chains can be impacted and interrupted.
This action emphasises the importance for manufacturers to gain greater insight into their supply chains and enhance lines of communication with suppliers and customers to mitigate such issues. As the colder winter months approach, the cost of living is taking on even greater significance and gravitas. For decades Britain’s international rivals have enjoyed lower energy…
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