Story originally appeared in Sourcing Journal on July 2, 2020. Excerpts from the story below. To see the full story visit SourcingJournal.com.

Software company Blue Yonder also points out that supply chain management technology will be crucial going forward.

“Once the chaos began… too many businesses relied heavily on suppliers that were single-source and based halfway around the world,” Blue Yonder states. “Therefore, it is important to ensure that fundamental supply chain strategies are in place, such as having an appropriate mix of strategic supplies for critical raw materials, enabling end-to-end visibility and ensuring a good process orchestration.”