Managing Supply Chain Volatility in the Age of Disruption
The supply chain of the future will be different from what we thought it was going to be just a few months ago. For many companies digital transformation projects were well underway but will only be of value if it provides what’s needed in the new supply chain norm. The new normal will see a supply chain that is resilient and agile. Traditional, siloed supply chain processes will make way to sense and respond capabilities and data driven decision making. Visibility through all tiers will be required to identify points of failure. Key risk indicators will be reviewed alongside key performance indicators. Will existing projects need a restart? What will be the top conversations in the boardroom?
Supply chains are critical to business performance, and indeed life itself, is no longer a discussion point. The question is how do we get better in this new normal?
How are Boards and the CLevel views on contingency planning and supply chains changing in your organisation?
Structure of supply chains: Are global supply chains and global trade still the best answer? Or, will companies start moving towards local / domestic supply chains, or some hybrid, even if those are only an emergency backup? Will it be a data-driven or emotional decision? Will companies start prioritizing risk mitigation, resilience and flexibility over agility?
What should the Board / CEO expect of their supply chain leaders?
Founded and headquartered in Ottawa, Canada, the origins of Kinaxis date back to 1984. The product that’s evolved to today's RapidResponse platform was first introduced in 1995 and now represents, we believe, one of the fastest growing and most innovative supply chain planning systems of record in the marketplace.
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