As a result of the 2020 Pandemic, a lot of supply chain vulnerabilities have been exposed, which many companies weren’t aware they had and that is why the need to rethink and transform global supply chain model is essential to the success of all businesses.
Many companies are realising in these times of crisis that they need new strategies and approaches to managing supply- chain risks to help them become more resilient against the next big unforeseen crisis event.
For many of those companies, their efforts will involve deep-dive assessments of their categories, supplier portfolios, and processes to surface potential issues, and better understand risk exposure and vulnerabilities across the supply chain.
