Leveraging the extended supply chain: A collaborative approach with Oracle

⇨

The COVID-19 pandemic has highlighted the fragility of traditional supply chains, necessitating a shift towards more resilient, extended supply chains that emphasize collaboration, real-time communication, and technology adoption.

⇨

Companies like XYZ Electronics faced significant challenges during the pandemic, including supplier disruptions and inventory shortages, prompting them to diversify their supplier base, invest in digital transformation, and rethink their inventory management strategies.

⇨

The extended supply chain concept, powered by advanced technologies such as cloud computing and data analytics, enhances efficiency, visibility, and responsiveness, enabling organizations to better navigate disruptions and meet customer demands.