The COVID-19 pandemic has hit global supply chains hard, with staggered virus outbreaks in different countries making it increasingly difficult for companies to search for manufacturers without relying too much on China. But, with market challenges come opportunities!
As the chaotic supply chain situation continues and with most trade fairs and international travel cancelled, nearshoring is likely to be a growing necessity in the ‘new normal’. And, implementing innovative digital sourcing solutions to streamline and centralize all sourcing information will empower your business to not only survive but THRIVE in these uncertain times.
Watch this webinar replay for the first of an exciting series of Oktoberfest virtual roundtables. In the session, our expert speakers discussed the future of sourcing in post-pandemic times and explore how digital technology can streamline and speed up the sourcing process to give your company a competitive advantage.
In the webinar replay, our expert discussed:
— Sourcing challenges and the search for suppliers outside China.
— New ways of working with internal customers, the supplier ecosystem and external partners using digitally-driven procurement operating systems.
— Using digital sample reviews to bridge the gap between designers, 3D modelers, merchandisers, sourcing and suppliers with 3D renderings accessible in one centralized digital space.
— Driving transparency and traceability through ethical sourcing practices and data visibility.