Manufacturing Supply Chains in the COVID era: What to do now & next?
COVID-19 is disrupting manufacturing operations on a large scale across the globe. With demand volatility has touched a record high, manufacturers started focusing on solving immediate challenges required to keep pace with the demand-supply fluctuations across product categories. This paper discusses why manufacturers should focus on next-gen procurement, technology and supply chain strategies besides meeting demand surges and up-scaling operations, to bring multi-directional visibility, resilience and adaptability into their operations. The whitepaper covers:
- The case of the Black Swan of 2020
- Key Supply Chain Challenges
- Adapting to the new normal: Responding to immediate challenges and beyond
- 5 Point Procurement guide for Manufacturers to navigate the way forward