In times of war, there is essentially one objective: to keep people safe, whatever the cost. The same can be said about supply chains. During times of war or crisis, the key focus for supply chain management is to keep their supply chains alive, ensuring critical medical and essential grocery supplies continue to reach the communities that rely on them.
However, despite best efforts, the scale of the current Covid-19 crisis has left many supply chains around the world battered and broken, leaving businesses with uncertain future prospects. While many organizations are still in crisis-mode, hard-pressed to deal with their immediate challenges, focus is starting to shift to how risks associated with supply chain disruption can be mitigated in future.
Senior Advisor and Adjunct Professor at HEC Paris Michel Fender encourages organizations to think about three key layers of supply chain management that will help guide internal conversations on how to build more agility and resiliency into ‘next-generation’ supply chain designs. The three key layers are: strategic design, tactical and operational monitoring and excellence of execution; and real-time visibility has an important role to play within each.