Supply chains have experienced sustained disruption in recent years due to factors including the pandemic, human resource scarcity, climate change and geo-political tensions. As the future promises further disruption, the need to increase efficiency and resilience has never been greater.
Supply chain disruption has dominated the minds and actions of supply chain executives and their staff over recent years. Meeting day-to-day business needs, in a time of multifactorial challenges, diminishes businesses’ capacity. Therefore, the challenge is how to address existing issues and/or evolve their supply chains to meet future market requirements, such as increased sustainability requirements or the automation that Industry 4.0 will bring.
The cross-functional nature of supply chains increases the complexity of this challenge. Supply chain improvements must be identified, scoped, approved and implemented without disruption to business outputs. This presents a significant challenge to any business - how to develop the expertise and provide the capacity to address existing issues, whilst simultaneously evolving their supply chains. At Grant Thornton, we can support your business by accelerating innovation, and mitigating the impact of internal and external disruptions through the design and implementation of sustainable processes.
Our solutions take advantage of Grant Thornton’s global experience, regional expertise, and supply chain knowledge, enabling organisations to reduce risk, adhere to regulations, and adapt to a changing environment. If supply chains are to achieve growth and profitability in today’s complex and demanding operational contexts, they must be both efficient and agile.
It is important to visualise the future of your Supply chain in light of customer expectations, digital technologies and business drivers. Allow Grant Thornton to help you unlock the hidden growth and value in your supply chain
