INSIGHT: Recovery and resilience: Safeguarding and strengthening the supply chain to thrive through uncertainty
Is your supply chain able to withstand inevitable disruption?
Unavoidable disruptions such as pandemics, cyber or terror attacks, financial crises, natural disasters and political uncertainty cause volatility, expose global supply chains’ weaknesses, compromise competitiveness and negatively impact margins.
Although some organizations cope through disruption, challenges such as longer term, demand pattern changes and their possible permanency are unknown. Organizations therefore need to rethink supply chain models, and redesign for agility and resilience in a way that will anticipate sources of disruption, mitigate severity of impacts, recover faster, and then emerge leaner and stronger.
Download the insight Recovery and resilience: Safeguarding and strengthening the supply chain to thrive through uncertainty for practical strategies to help you future-proof your supply chain. Learn more about:
- Identifying risks – and then assessing and evaluating them
All-round improvement and greater resilience start with understanding where the vulnerable points in the value network are.
- Prioritizing quick wins for increased resilience
5 steps you can take right now to boost supply chain resilience.
- Re-strategizing – and redesigning if necessary
Refocused and rejuvenated strategies must consider agility as the defining dimension.
- How Nestle remained robust in the face of crisis
Nestle, the world’s largest food company, saw 1.3% increase in organic sales in the severest state of worldwide lockdown in 2020.
- Why a foundation of continuous improvement is critical
When change is the only constant, an integrative improvement system is the foundation for navigating disruption and emerging more competitive.
- Coping with erraticism
4 ways to prepare for near unpredictable yet major demand fluctuations.
- Designing teams for better teamwork
New capabilities, upskilled talent and team architecture must keep pace in a more complex and volatile business environment.
- Leveraging technology as enabler
Automation, for example, will increase production velocities whilst reducing costs and liberate people to perform tasks requiring ingenuity.
- Key checks for a stronger supply chain
5 important considerations to gear agility and flexibility.