New Rules for Supply Chain Insights, Collaboration and Overall Resiliency

New Rules for Supply Chain Insights, Collaboration and Overall Resiliency

Oracle
Published by: Research Desk Released: Oct 27, 2020

The COVID-19 global pandemic coupled with heightened geo-political trade tensions has laid naked many supply chain processes and response capabilities. While multi-industry supply chain management teams have risen to the challenge, more is expected.

In some cases, events have been a shocking wake-up call for many businesses particularly in regard to managing, sustaining, and enhancing business process capabilities for product demand and supply network response. The mission critical importance of supply chain capabilities are more visible all the way up to board room levels. As a mid-July 2020 Bloomberg published report has noted: “Now chief executive officers are looking to those same (supply chain management) managers for more strategic vision and ways to shockproof supply chains for corporate survival.”