Supply chain innovations are advancing rapidly as a byproduct of the turmoil caused by the COVID-19 pandemic. While the sheer depth, breadth and scope of the disruption is unlike anything we have experienced in our careers, most supply chain professionals are adept at risk mitigation. Why should 2021 be any different?
The COVID-19 pandemic is the most serious challenge the world has faced for decades, affecting almost every aspect of our lives in every corner of the globe. One of the biggest challenges, beyond public health, has been to keep global supply chains flowing – ensuring factories can secure goods and services including raw material to logistics in order to meet customer demand and expectations, despite unprecedented pandemic disruptions.
The ripple effect of digital transformation on global supply chains has created a groundswell of opportunities to deliver improved customer experiences through more seamless communications and faster decision making. The kind of responsiveness enabled by digital tools and technologies has altered supply chain strategies dramatically.