As global supply chains become increasingly complex, it is no longer good enough to limit collaboration and visibility in the supply chain process to Tier-1 partners, especially for critical components coming from lower-tier suppliers.
The benefits of multi-tier visibility and collaboration extends across the entire product life cycle, which is advantageous for manufacturers. Multi-tier connectivity can reduce planning cycle lead times, improve supplier performance, and reduce risk to the supply chain. On the other hand, the downside of multi-tier supply chains is that they can cause increased vulnerability and instability in your supply chain and negatively impact your order fulfillment process.
Download our complimentary eBook, Managing Multi-Tier Supply Chains—What Today’s Manufacturing Leaders Need to Know, if you need to know the challenges, benefits and key considerations for monitoring your supply chain’s supply chain.
What you'll learn:
- A brief overview of multi-tier supply chains
- Challenges, benefits and key considerations
- Best practices for monitoring your supply chain’s supply chain
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