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Manufacturers are facing supply chain disruption in the form of material delays, shortages and cost overruns. COVID-19 has exposed supply chain strategy flaws that had previously gone unnoticed or unconsidered.
In response, manufacturers are looking to reevaluate their supply chain strategy and assumptions to reduce their risk in the event of future downturns. It is paramount that companies develop a comprehensive supply chain strategy to improve responsiveness to future business interruptions.
