Today’s supply chain is global. Prior to 2020, supply chain leaders laughed when they said, “When local supply chains sneeze the global process catches a cold.” The severe contagious disease outbreak known as the 2019-nCov now makes this statement passe.
The ripple effect is just beginning. Companies are not well prepared. Only one-third of companies have “what-if analysis” and teams capable of modeling the impact. Two-thirds of companies do not know the locations of second and third-tier suppliers. What to expect? Many, many surprises….