Extended Supply Chain Challenges
“If there’s a port strike in Shi Lanka, how do I get my parts in time to meet my customer delivery times?”
“The day my delivery was scheduled from a supplier in China, the government shut the factory down. If I’d had an early warning about this problem, I could have found another supplier in time to same my peak season sales.”
Geo-political events, natural disasters, strikes, financial events (M&A, insolvency), all can severely impact a company’s profits and market share.
One CEO got an early warning about a port strike, so he tied up all the air transport out of that country. Not only did he meet his customers’ needs,
but he essentially left his competition without a logistics supplier.
The big challenge is: how do you get these early warnings?
New Momentums Extended Supply Chain Monitor gives you early news warnings, based on your key parts and suppliers on global geo-political events, natural disasters, strikes, financial issues.