07 June 2022
Supply Chains Can Thrive Even Amid Disruption
Senior Director Analyst of Gartner, Brian Whitlock stated that “These are the hallmarks of a strategy to managing and surviving supply chain risks”
Whitlock ran through some survey results from recent Gartner surveys, including that 92% of businesses were impacted by COVID, weather, fuel costs, supply or labor shortages, or some other disruption.
In the surveys, 70% of the companies express visibility as the number one area in terms of development.
Ultimately, to overcome the challenges and achieve success, Whitlock said companies should:
In the surveys, 70% of the companies express visibility as the number one area in terms of development.
Ultimately, to overcome the challenges and achieve success, Whitlock said companies should:
- Act early and quickly
- Take the long view of situations
- Change strategies
- Build a team that starts with leadership
- Treat suppliers like they are part of the team