Rising transportation costs, fuel price volatility, increases in labor costs in developing countries and pressure to reduce inventories are just a few of the risks and challenges that companies are struggling to overcome.

As crude oil prices increase, companies are trading off oil price for inventory, manufacturing, facility fixed costs and, in many cases, even moving production closer to market demand.

But what happens when fuel prices, or the price of other commodities, decrease? If you don’t know which direction oil prices are going, how should you manage your supply chain and what will be the impact of the aforementioned changes on the overall network strategy? Similarly, in today’s economy where it is difficult to predict customer demand, how should you design your supply chain strategy?

In this outstanding webcast from Supply Chain Digest and The Supply Chain Television Channel, we will discuss how building flexibility into your manufacturing, supply chain, and network strategies can improve your ability to respond to changes on an ongoing basis, significantly reduce total supply chain costs and better match supply and demand.

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