The Effects of the Pandemic on Supply Chain Management
In the post-pandemic world, resistance and stress tests will become a new norm as modern supply chains face unprecedented pressure and are drawing an increased level of scrutiny.
Companies are now investing in mapping their supply networks to be better prepared for more disruptions and to reduce their overall supply chain risk. With an increased amount of information at their fingertips, they need to know exactly which suppliers, locations, and products are at risk, allowing them to secure constrained inventory and capacity at alternate sites.
- What challenges are organisations currently facing in the supply chain area? And what strategies are being put into place?
- How can technology help supply chains differentiate within a market that demands increasing speed and convenience while keeping a competitive price?
- What will the supply chain of the future really look like? In addition to price, what other factors are companies considering to award supply contracts (e.g. capacity, past performance, compliance, transparency, lead time, etc.)?