COVID-19 has not only disrupted but also challenged global supply chains in unprecedented ways. Multinational organisations have spent decades producing complex global supply chains and networks to maximise efficiency and to minimise cost, while being blind to the impact serious shocks like COVID-19 can have on the entire value chain.
McKinsey & Company researchers report companies can expect disruptions in their supply chains every three and one-half to four years that last from one to two months. As shocks and risks are happening more frequently in today’s world, supply chain organisations must look beyond cost savings and boosting productivity.
In this report, our specialist recruiters have put together their insights about how to become more resilient in the supply chain and procurement industry in 2021.