Coronavirus is a wake-up call for supply chain management

The COVID-19 pandemic struck in full force, leaving companies enduring massive supply disruptions. To be better prepared the next time around, companies need to map their supply chains to be proactive instead of reactive.

The COVID-19 pandemic struck in full force, leaving companies enduring massive supply disruptions. To be better prepared the next time around, companies need to map their supply chains to be proactive instead of reactive.

In this story published March 27, 2020, on Harvard Business Review:

In contrast, a small minority of companies that invested in mapping their supply networks before the pandemic emerged better prepared. They have better visibility into the structure of their supply chains. Instead of scrambling at the last minute, they have a lot of information at their fingertips within minutes of a potential disruption.

– Professor of Supply Chain Management Thomas Choi and Professor of Logistics and Supply Chain Management Dale Rogers