In today’s economic turmoil, manufacturers need to heavily scrutinize their supply chains, writes Linda Kiedrowski, president of The Paranet Group, in today’s Biz Blog. She writes:
“Companies can save the most dollars by improving their supply chains.
Today supply chain managers are taking a very close look at their suppliers. The old adage of, "You are only as strong as your weakest link," is critical to the success of the supply chain. Some manufacturers are watching how suppliers pay very carefully for any telltale sign that a company may be in trouble. One flag could be discovering that your suppliers have an ‘automotive side.'”
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