Driving Efficiencies from the Supply Chain of the Future
The pressures on manufacturers managing and operating supply chains are becoming ever more intense. When it comes to scaling their supply chains, manufacturers often feel they are being pulled in different directions.
With Brexit imminent, some, driven by a perceived need to more precisely control the quality of the product and to be more responsive to customers, have focused on bringing their supply chain closer to home. With the future economic environment uncertain, many others, attracted by lower production and labour costs and the ease of accessing a skilled talent pool, are feeling the need to build out their approach globally.
Indeed, a recent survey conducted by HSO, shows that expansion rather than contraction is the predominant trend. The study found that over one-third (35%) of senior managers within the manufacturing sector expected their business to expand its supply chain over the next five years, with just 13% believing it will become minimised.