B2B Data Integration and Transformation Blog

Here’s a question for you: how long does it take for you to onboard your supply chain partners? Moreover, is that speed acceptable to you—are you experiencing costly disruptions because the process is taking too long?

Chargebacks are a costly and irritating part of doing business. You’ll see chargebacks when you don’t get a customer’s order correct, or you don’t uphold your end of an SLA. While they’re costly and irritating, chargebacks don’t have to be a necessary part of doing business.

Fifty years ago, the supply chain was simpler: manufacturing was fairly local (if it wasn’t near your business, it was probably at least in the same country), and you weren’t dealing with many supply chain partners. Fast-forward to today, when the supply chain is quite complex due to the fact that many trading partners are distributed across the globe.

The world is trying to figure out the long-term impact of the COVID-19 pandemic months after its outbreak. Yet, some effects were immediately clear—specifically, supply chain disruptions. These disruptions wreaked havoc on businesses, leaving them reeling and in some cases, struggling to recover.

COVID-19 caused major supply chain disruptions, yet it can’t be blamed for all supply chain management woes. A number of supply chain disruptions have existed since before COVID-19, and they can even exacerbate some of the challenges the global pandemic has created.