Thursday, March 19, 2020

March 19, 2020 - You may be stocking up on toilet paper. Others are out buying guns

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TradeBriefs Editorial

From the Editor's Desk

Supply-chain recovery in coronavirus times- plan for now and the future

Even as the immediate toll on human health from the spread of coronavirus (SARS-CoV-2), which causes the COVID-19 disease, mounts, the economic effects of the crisis - and the livelihoods at stake - are coming into sharp focus. Businesses must respond on multiple fronts at once: at the same time that they work to protect their workers' safety, they must also safeguard their operational viability, now increasingly under strain from a historic supply-chain shock.

Many businesses are able to mobilize rapidly and set up crisis-management mechanisms, ideally in the form of a nerve center. The typical focus is naturally short term. How can supply-chain leaders also prepare for the medium and long terms - and build the resilience that will see them through the other side?

Continued here

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