Why Supply Chain Resiliency Matters in Construction Know Why Visibility Matters Transparency is key. Keeping track of who has what at each jobsite can be tough, but it’s important to the supply chain. Why does that level of visibility matter? Because knowing where supplies are on a jobsite or in a fab shop is the foundation of your future success. Knowing what to expect is the path to cost savings, productivity improvements, and taking back your time. Planning for that inevitable inventory consumption – whether it’s at the point of use or via a tool crib – means you’re able to see trends in inventory usage. With that information, you can forecast for future work. [ ] An example would be if you have to ramp up man-hours on a jobsite, you need to be able to see what supplies are already out there and then know what to add on. Having this information lets you notify all of the different inputs of the supply chain, whether that be a supplier, the folks working on the jobsite, or even a third party. In the end, visibility over jobsite inventory is so key because it affects everything else in your business. Next Steps Surprisingly, COVID has actually presented a unique opportunity to put a plan in place to build resiliency into your supply chain. You just need make sure you build a plan that you want to accomplish. • Find ways to become more digital. From ordering online to locker pickups, be sure you can always get exactly what you need. • Invest in your business. Find a supplier who will be your partner. This will help you roll with the punches in the future. • Understand what visibility can do for you. You want to know what’s going on within your supply chain wherever you can. • Build supply chain resilience. Suppliers matter. If you need help building and sticking to a plan, they can help. Once there’s a plan, once you have a good partner, that’s when your supply chain is going to see gains in resiliency. SAFETY FOR TECHNICAL SUPPORT CONTACT: SAFETYQUESTIONS@FASTENAL.COM OR 1-833-FNL-SAFE WF_687750 | JF 6/23 6.2023 | AD
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