Recovery will take time Black Rock, the world’s largest fund manager has stated that the crisis will fundamentally reshape business practices, society and consumer habits – rethinking the way people work, shop, travel and gather. There will be a ‘new normal’ way of functioning and businesses will need to adapt. And the timeline for recovery could be long. The investment … Read More
A strategy for planning in the new supply chain world
The future will differ from the past Major downturns in business activity are when the ‘deck of cards’ of industry get reshuffled. So, what strategies will be in place for your organisation’s supply chains to respond? Developing a supply chain strategy for when the peak of the pandemic has passed will be a ‘clean sheet’ exercise. Typically, plans are designed … Read More
Protect your supply chains with a WH or DC risk plan
Planning for a ‘known unknown’ Your facilities are at risk of exposing people to the COVID-19 virus, resulting in the shutdown of a warehouse (WH) or distribution centre (DC). Rather than just responding when the event happens, develop your WH/DC risk management plan, to reduce the likelihood of a disruptive event happening and if it does, lessen the consequences. Factors … Read More
Your supply chains and logistics after the disruption
Your supply chains may change Supply Chains is a term that at last has entered daily use, but it has taken a global emergency for that to happen. The question for supply chain professionals is whether your supply chains and logistics will need to change when commerce returns to ‘normal’, whenever that will be? When business is in a growth … Read More
Big disruptions and their effects on supply chains
The current disruption The COVID-19 virus event has been a supply chain risk waiting to happen. A virus is not a ‘black swan’ event, but a ‘known-unknown’. The potential risks and likely consequences of a new virus were evident at the time of the SARS virus of 2002-3 and the H1N1 virus of 2009. The difference between then and now … Read More