Manufacturers that want to emerge from the recession in a healthy position have been advised to keep a close eye on their supply chain.
According to Deloitte, companies are currently faced with making critical decisions in this area that could potentially determine whether they come out of the downturn favourably.
The organisation has therefore recommended that companies closely monitor their supply chain strategy to see where the weakest links may be, reports Logistics Manager.
This, it stated, would help to identify any vulnerabilities before there is a major crisis.
"Unless businesses take time to understand which parts of their supply chains are at risk of collapsing, they might find themselves struggling to cope with unforeseen and uninsured losses," said Phil Symonds, spokesman for Deloitte.
He also suggested that companies could benefit from going "back to basics" and optimising their own internal processes.
This comes after the British Chambers of Commerce warned that many companies are facing cash flow problems as a result of them receiving late payments from other businesses.
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