Supply chains are under significant pressure. This pressure stems from the ongoing impact of the pandemic and the economic/financial disruptions the epidemic has wreaked on entire economies, industries, markets, and society in general. For many organizations, this means rapid change and adaptation to the new environment will be critical for future success. Many of our clients have already seen that their current supply chain structures and strategies are no longer fit for purpose, given the challenges of a changing world. How and where we source materials, components, and products need entirely new strategies with a new set of risk assumptions and models that better define ramifications (costs) of specific point disruptions.
The primary goals of any supply chain executive are to help address the four fundamental drivers of the supply chain function for any business;
(i) what (particular SKU or product category,
(ii) how much;
(iv) and where.