Supply chains contain every material, component, product and packaging for the objects that together compose the world we live in. However, there is an often invisible ingredient to successful supply chains: data.
As COVID-19 disrupts the largest supply chain in the world—between China and the United States—the phrase “business continuity” has jumped to the top of every leader’s priorities.
Supply chain management is the fundamental foundation for making the right materials show up at the right place at the right time (and in the right quantities)—whether that means food and toilet paper, personal protective equipment (PPE), or ventilators.
If business leaders take one lesson from the pandemic, it will be that supply chain management can be a matter of life and death.
Consider the emergent PPE supply chain, composed of both formal manufacturing and informal craft networks, that has risen up to meet the urgent demand for masks from healthcare workers fighting COVID-19 across the US. ...
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