These turbulent times mean it is more pressing than ever to strive for greater supply chain visibility and transparency. Supply Management spoke to a range of experts to discover how different organisations are achieving greater oversight of their own and their suppliers’ operations
The Covid-19 pandemic has put a huge strain on global supply chains, with manufacturing stalling, air and sea ports far over capacity or closed, and the delivery of raw materials and finished goods interrupted.
These multiple disruptions had a severe effect on supply chain cash flow, working capital and supplier relationships, as a recent McKinsey report shows. The impact of such disruptions was exacerbated in places with poor supply chain visibility, limiting effective responses and increasing the risk for future strategies and investments.
About the Author
Follow on Linkedin
More Content by EcoVadis