In the face of supply chain challenges, maintaining cost-effectiveness in manufacturing requires strategic adjustments. Here are key steps to consider:

• Diversify suppliers: Avoid dependency on a single source and reduce risk by building relationships with multiple providers.

• Invest in tech: Utilize technology to streamline operations and increase efficiency, cutting unnecessary costs.

• Review inventory: Regularly assess inventory levels to balance holding costs with production needs.

How do you tackle supply chain issues while keeping costs down? Share your strategies.