Any company that relies on tangible materials of any kind has been affected by the current supply chain crisis. Manufacturers and distributors have been forced to painfully deal with the immediate consequences of not being able to replenish inventory. The shortages continue to drive the costs of doing business up and sales down. And while it’s vitally important to address the immediate problems associated with the crisis, it’s just as important to create an innovative plan to take advantage of the new opportunities presented by the crisis.
Many growth-minded companies are already turning to new technology to solve current supply chain challenges and anticipated problems in the near future. New technologies in supply chains can have world-altering effects for companies of any size. It’s no secret that Amazon.com has a massive head start in this arena. But by consolidating and partnering with other growth-minded companies, you can leverage each other’s infrastructure and innovations.
And while analysts predict that the costs of moving and storing raw material and goods will continue to rise in 2022, creating alliances and continuing to invest in technology will give your company a much better chance of returning to a productive path once the storm clears.
At Shippers Solutions, we offer a cutting-edge program that is designed to never let you run out of raw materials by automatically replenishing inventory using our own proprietary software. The program is called Supply Stream. If you’d like to learn more go to www.neverrunout.com and watch our introductory video on the home page. If our solution intrigues you we’d love to talk to you more about it.