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Disruptions are good opportunities to make our supply chains more robust.
Naseem Taleb, in his book Antifragile, describes how certain systems emerge stronger after facing a major disruption. We can see it during the current pandemic, where certain changes in the ways of working have made our supply chains more agile. Several companies have moved their supply chain planning and execution from forecast-driven to demand-driven. Demand sensing has improved, so has our ability to respond to demand changes.
It is important that these major shifts in the supply chain planning process are retained in the new normal. Companies which switch back to the earlier ways of working would be big losers as their competitors would have used this opportunity to become more agile.
Are you leveraging this opportunity to improve your supply chain agility?