A supply chain control tower is often a confusing term to many in the market. It confuses with regard to what it actually means and its value to supply chain organizations. A supply chain control tower is a cloud platform focusing on providing end-to-end supply chain visibility and control. It integrates and extends existing ERPs, WMS and TMS systems with 3PLs, suppliers and manufacturers, and other partners. This integration provides visibility, actionable insights and operational control across the supply chain. Furthermore, it reduces lead times and inventory costs and helps mitigate exceptions while increasing the percentage of orders delivered on time and in full.  

Supply chains determine the failure or success of businesses. Similarly, a good supply chain strategy with a well-thought-out marketing plan and an efficient inventory management strategy must be in place if a supply chain has to work properly. The success of a business is also determined by supply chain management, which is all about ensuring reliability and redundancy in the procurement process. From the COVID-19 pandemic, we drew many lessons regarding the vulnerabilities in the current supply chains. These lessons show supply chain strategies to end the year that will help you overcome vulnerabilities caused by demand surges, shipping challenges and other potential external factors.

The supply chain is like a circulatory system for a business. It is the only way that facilitates the process of transformation of time, labour and raw materials into finished and market-ready products that consumers can buy. Although the processes involved are complex, putting the right strategy in place can help reduce costs and increase production speed. The key to developing an efficient and well-oiled supply chain machine is putting the right people in the right places. This begins with identifying the right talent and hiring them. Below are some key interview questions that will help you in your journey to build a strong supply chain team.