Decoration Supply Chain Excellence Posted by MGS July 28, 2025 On April 25, 2023 0 Supply Chain Excellence Why Resilience Now?Only 57% of key suppliers have continuity plans in place, leaving brands dangerously exposed to the next port closure or raw-material shock.. 1. Map Beyond Tier 1Visualize second- and third-tier dependencies to pre-empt bottlenecks. Diversify GeographyNearshore 30% of critical SKUs to reduce lead-time volatility. 3. Scenario PlaybooksRun quarterly war-games: pandemic relapse, tariff spike, Suez-style blockage 4. AI-Driven Risk AlertsMachine-learning models flag supplier financial stress before defaults hit. 5. Embed Real-Time VisibilityIoT sensors + control-tower dashboards slash reaction times from days to hours. Flexible ContractsInclude surge clauses, dual-source triggers and fast-track onboarding language. Continuous CollaborationOffer demand forecasts and joint cost-reduction goals—suppliers invest when they share upside.Pro-Tip: Pair this framework with ESG metrics to satisfy both auditors and customers.
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