Supply Chain Resilience: New Research from Kearney/World Economic Forum
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A new report co-authored by global consultancy Kearney and the World Economic Forum, The Resiliency Compass: Navigating Global Value Chain Disruption in an Age of Uncertainty, using data on global value chains collected from over 400 senior operations and supply chain management executives, found that 88% of companies have not built in sufficient supply chain resilience to weather coming challenges and disruptions.
The Resiliency Compass report found that though COVID-19 was a significant disruptor, other factors such as emerging technologies, geopolitical tensions, trade barriers, political uncertainties, social injustice and the implications of climate change are also acting as barriers to resilience building for many firms globally.
Per Hong and Suketu Gandhi, both longtime partners in the strategic operations practice of Kearney and supply chain experts, are available to discuss the research in terms of how it points to ways companies can rise to meet today’s extraordinary demands, including:
· The outlook for value chain resilience as companies come out of Covid
· Key areas to be addressed in supply chain resilience, such as product portfolio, customer orientation, financial viability, and a robust logistics system
· Identifying priorities, managing risks, and defining sustainable strategies to navigate disruption and uncertainty
· The need for collaboration and ecosystem building in responding rapidly to change
