Challenges

The fragility of global supply chains became evident during the first COVID-19 lockdowns in 2019. Seemingly unrelated events caused ripple effects across global markets, even in apparently unconnected industries. 

Supply Chain Management strategies are rapidly evolving as companies grapple with the need for greater transparency and flexibility to respond to new events. When needs go unfulfilled, customer brand loyalty is at risk. 

McKinsey reports that supply chain problems could cost up to 50% of a company's profit and erode brand loyalty. Despite this, only 22% of companies proactively manage this threat.

The Beehive solution allows industries to build Partner Networks to discover needed materials or resources, create ad hoc virtual factories, and receive early warnings about material or labor shortages. This approach enhances resilience and Sustainability in the supply chain. 

The COMPASS solution allows industries to build Partner Networks to discover needed materials or resources, create ad hoc virtual factories, and receive early warnings about material or labor shortages. This approach enhances resilience and Sustainability in the supply chain.