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⍰ ASK What measures can offshore company take to enhance the agility of their supply chain in response to market dynamics?

To make their supply chain more adaptable to market changes, offshore companies can take a few steps. First off, investing in fancy technology like real-time data analytics and predictive modeling helps them understand what's going on in the market and make decisions faster.

They can also set up their manufacturing processes to be more flexible. This might mean having setups that can change quickly and make different things to keep up with what people want.

Building strong partnerships with suppliers and logistics peopleis key. Working closely with them helps everyone share information and respond together when the market changes. Having flexible contracts with suppliers means they can adjust how much they order based on what isactually needed right now.
 

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