The complexity of modern supply networks is rising as businesses try to reduce costs while maintaining flexibility. Multiple-country and multi-site supply chains provide significant issues in terms of quality, compliance with safety regulations and standards, as well as environmental and social responsibilities. Given this intricacy, it is essential to have reliance on the measurements, tests, inspections, and certifications carried out in another country or industry. The urgency of ensuring supply chain integrity increased with the COVID-19 pandemic breakout at the end of 2019. Supply chain reliability can be delivered with the use of standards and conformity assessment.
When you discuss supply chain resilience, you discuss all the factors that must work together for a business to be able to deliver the ideal final product. When you suffer damage as a result of an occurrence at a supplier's location, the supply chain is disrupted. This occurrence may have been caused by a strike, a supplier-impacting drought, or an issue with the quality of the product. When building a supply chain resilience framework, you consider all factors that could have an influence on your supplier and put mitigation in place to prevent those factors from having a negative impact on your business.
You can easily follow these two extremely effective standards developed by ISO to increase the resilience of your supply chain. The Supply Chain Security Management standard and the Business Continuity Management standard are two guidelines that can help any business wishing to strengthen its supply chain resilience examine all aspects of its operations and successfully develop a strategy to do so.
Find out how ISO Standards can help Build a Resilient Supply Chain, on 30th - 31st may, 2023 at the Supply Chain Risk and Resilience Forum, in Berlin, Germany so you don't feel left out in the industry!
To register or learn more about the Forum please check here: https://bit.ly/3DsfWE4
For more information and group participation, contact us: [email protected]
