The supply chain disruption of everything from raw materials to finished goods is ongoing and expected to take years to resolve. The impact of this on the global economy will continue to reverberate throughout the supply chain.

Lack of workers, drivers and equipment, coupled with rising fuel costs and inflation, are compounding matters and adding costs that cannot be absorbed, especially when you may already be operating on slim margins.

With a less-predictable JIT (Just-In-Time) supply model, many retailers have been forced to shift strategies often to maintain inventory, revenue and profits. Many forward-thinking retailers have already begun to plan for ongoing and future disruptions by replacing outdated legacy systems that were not built for these kinds of challenges.

Technology investments to restructure outdated supply chain models, increase communication and transparency with suppliers and automate complex business processes can provide the visibility and speed you need to offset threats and shift strategies to improve profits.