Good product business leaders understand all aspects of where crucial supplies come from.
Building a business is a demanding endeavor. For small- to midsize-business (SMB) leaders, the list of responsibilities feels endless. The demands of building a high-performing brand, hiring the best talent, and rapidly expanding into new markets often preclude consideration of critical functions like supply chain.
But as recent global events like the Covid-19 pandemic have highlighted, the supply chain is the foundation of any product business and must be a priority, rather than an afterthought. Without a clear picture of how suppliers operate, companies are vulnerable to unnecessary expenses, delays, and disruptions.
Here are the top three supply chain mistakes we see high-velocity brands make, and a few easy steps to help avoid them.
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BE Medical Electronics,
PGD Hospital and Health Care Management, CMT and MBA Finance. Pursuing MBL from NLSIU.
Experienced in Domestic and International Consulting.
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