Essence Group, a technology group developing IoT-based security, safety, and healthcare solutions and cloud services for homes, families, and businesses announced it was able to meet the vast majority of customer orders for its connected security and senior care devices and systems throughout 2021.
Success was achieved due to Essence’s strategic partnerships with component suppliers and chip manufacturers, its ability to predict and forecast requirements and place advanced orders according to these models, and the company’s strong purchasing power. The robust management of Essence’s supply chain mitigated the global disruption caused by the ongoing COVID-19 pandemic and ensured the continued supply of products to all of its customers.
99.5% on-time delivery rate
“In March 2021, Essence released a statement describing our proactive resilience and detailed business planning, which ensured minimal interruption to supply during 2020,” said Hagai Enoch, COO of Essence…