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Digital investments – including cloud-based technology – can transform supply chain risk management and create long-term value. By Marc Waco and Bobby Bono Supply chain issues might seem like a problem of the past. In fact, a majority of business leaders are focusing more on basic, near-term priorities and challenges in their supply chains and less on actions and investments that would be transformational and create long-term value.
In an increasingly complex and challenging climate, chemical companies are facing a combination of shifting market forces and an increasingly heterogeneous customer set. Many organizations are focusing solely on all-out growth or across-the-board cost-cutting strategies in an attempt to adjust course. But succeeding in this environment requires a more innovative strategy.
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