How the Cloud Can Solve Your Growing Fears About Supply Chain Risk

Part of the problem is that supply chains have gotten longer and more complicated as companies expand sourcing and selling in new regions around the world. At the same time, there's a constant push to outsource production while simultaneously running as lean as possible.

We all heard about what the Bangladesh fire did to the garment industry in November 2012. The decision to close 200 factories for fire safety review was problematic for retailers during the critical holiday season. As a result, supply chains were disrupted and companies couldn't meet the heightened holiday demand. As a result, they lost sales and ultimately missed their profit goals.