How can we overcome a crisis caused by unexpected market disruptions?
Phillip Teschemacher, Lead of Manufacturing Europe at Blue Yonder shares his thoughts on the current market landscape that has been disrupted and how companies need to act now in order to overcome these challenges.
"A phased recovery has begun. Throughout this process, manufacturers need to shore up core capabilities, maximize the use of available inventory, ensure availability, and keep costs as low as possible. They may need to build capabilities to quickly service customer demand through new channels and routes to market.”
To keep up with the changes and recover from the challenges caused by COVID-19 companies need to be able to adapt quickly. Disruptions in supply or demand shifts require intelligent dynamic planning strategies, in order to adapt to new plans quickly. An agile and resilient supply chain will be key to be able to return to business in unpredictable times and cope with the uncertainty and volatility in the new normal.
If you want to learn more about how an agile and resilient supply chain can be created, read the full article here >>