Mitigating the impact of COVID-19 and building long term resilience
|Failure Points||End-to-end Supply Chain||Impact|
|Suppliers are unable to fulfil orders due to labour shortages||Suppliers||Stalled production, unfulfilled orders, and bullwhip effect|
|Transportation restrictions and lower capacity for distributors to send goods||Inbound Trans||Uneven arrival of needed raw materials, stalled production|
|Under-staffed due to quarantines and medical safety and/or lower supply||DC Ops||Slow shipments, inconsistency in delivery|
|Transportation restrictions and lower capacity for distributors to send goods||Outbound Trans||Limited delivery possibilities, inflated delivery costs, and delivery failures|
|Under-staffed, under supplied, and store closures. Lack of consumers||Retailer||Less products on shelves, diminished ability to serve customer|
|Unable to find drivers and lack of demand for certain goods||Final Mile||Delivery is incosistent, model for timing is faulty, and increased costs|
|Unable to reach end-consumers due to lack of delivery options||Consumer||Avoids shipping, delayed delivery timeline, and more volatile demand patterns|
Boost your supply chain capabilities as you respond to COVID-19.
Most companies are currently focused on the near-term, with their strategies addressing the COVID-19 situation as a temporary problem. But, if businesses look at the current situation strategically and align smartly, it may potentially help propel future growth and competitive advantage for many years to come.
Five ways in which current challenges will create new capabilities for companies willing to invest:
Rapid big data processing and process automation enable real time visibility and easier management of supply chain
A new supply chain ecosystem uses advanced analytics to be more predictive, resilient and responsive
Supply chain digitisation will transform numerous key operations functions (e.g., integrated planning and execution systems, logistics visibility, autonomous logistics, smart procurement, and warehousing, spare parts management, and advanced analytics) and help move closer to a customer-centric enterprise
Join our webinar series where we explore topics on managing business continuity, data optimisation and transformation risks, to help organisations build resilience and prepare for a post COVID-19 operating environment