The key to supply chain security problem

Filed in archive Basics on October 29, 2005

Supply Chain Security is like insurance. No one likes to pay for that or hear about that. But as soon as a disaster occurs or an unexpected event happens, every body is looking for that !

Supply chain security involves a great many areas of risk and exposure. It has systemic problems similar to plant and office security, but it is exponentially more complex than that.

Increasing complexity between companies in a supply chain has resulted in high amount of risk. But there is also this opportunity for the companies to leverage the power of new technologies and solve the problem.

One of the most well-touted supply chain security technologies is RFID.Is it enough? defenitely not. RFID is only one tool in supply chain security, and it must be integrated into an overall strategy, implemented effectively and monitored closely to produce tangible results.

What companies need is to prepare an overal supply chain security plan and to implement it. what do you think?

I will come back to this issue in my next articles.