Top five technology initiatives that suppliers & distributors should consider in 2022
Looking ahead, we need to consider many things. How to anticipate supply shortages, how to maintain customer loyalty, how to make it simple for your customers to interact with you — among a few. While it’s not feasible to prepare for every possible supply chain disruption, you can shore up cybersecurity and equip your workforce with the right technology.
Consider these five initiatives:
- Prioritize security in everything your business does, from the technology you adopt to the remote work protocols you implement.
- Research and invest in the right supply chain technologies or solutions for your organization. Invest in upskilling and reskilling your current workforce to promote internal mobility and combat labor shortages.
- Implement secure cloud-based solutions to improve operational efficiency and monitor supply chain performance.
- Manage customer expectations realistically — account for delays and shortages using innovative technologies like predictive analytics.
Moving further into 2022, many of the supply chain woes we faced in 2021 will continue to hinder operations. However, the past year equipped us with the knowledge and experiences to maintain operational efficiency and continue business growth with a skilled workforce and a technology-driven strategy.