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Coronavirus strikes. Are you prepared from a supply chain planning perspective?

Is your supply chain network resilient enough to deal with uncertainty?

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. 
 
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Gartner, Mastering Uncertainty: The Rise of Resilient Supply Chain Planning, Tim Payne, November 2019

 

Disruptions like coronavirus are upending supply chains at a troubling rate. Still, a recent MIT survey found that 61% percent of companies in distribution and retail, and 41% of businesses in manufacturing are largely in wait-and-see mode as they watch the news and plan for a strategy. How can organizations be more proactive?

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Businesses are constantly reminded that they need to be more agile and resilient in order to survive.  But what does this mean when it comes to Supply Chain Network Design? Research shows that it takes weeks or days to get the answers supply chain professionals need to address network design questions. Only 13% gets answers in a matter of hours.

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Uncertainty is the new normal. 

Here's a toolkit to help you navigate change. 

There's a paradigm shift happening in supply chain planning. Companies are moving from periodic-step change efforts to rapid, scenario-based improvements. From scrambling when the unexpected happens, to quickly identifying the best course of action. Are you ready to join the movement?

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A supply lane is interrupted. What are my best options?

What impact will it have on my operations, my ability to service customers and margin? When the supply lane reopens, what are the best options to restart supply? What are the options to build more redundancy and what is the impact on my margin? To respond and recover quickly from these disruptions, you need prescriptive analytics. AIMMS is at the forefront of enabling this shift.

Supply Chain Response Hub

COVID-19 is impacting supply chains in several ways. We know these are challenging times. To help you navigate safely during this crisis, we put the following resources together:

  • Understand exposure
  • Anticipate shortages
  • Ensure resource requirements
BROWSE RESOURCES