Strengthening supply chains worldwide with the three-step approach of EFESO and preparing them for future challenges
Creating 360° transparency along the entire supply chain – from the customer to the direct supplier
reduced by 34%
thanks to localization and multiple sourcing
by 8% through localization from China to the USA
material variance by 80 %
For many companies, local purchasing from suppliers close to their production sites or points of demand is becoming increasingly important. At the same time, the general market conditions of a globalized world with highly interconnected supply chains remain – and with them the occurrence of risk scenarios such as regional crisis situations or cyberattacks.
There are various options for adequately preparing for such threats, such as setting up a special task force for prevention. In addition, measures as dual sourcing or the establishment of security stocks can strengthen the resilience of supply chains.
However, if prevention is limited to individual measures, key risk factors in the supply chain often remain non-transparent. In addition, the assessment of costs and CO2 emissions can prove to be a significant challenge on the way to viable solutions for resilient supply chains.
Learn how to increase the resilience of supply chains while maintaining profitability. We describe a best practice EFESO client case from the automotive industry. Additionally, we name the key initial questions for four central fields of action and essential steps on the path to resilience.
