Covid-19: companies should be continually monitoring and gaining intelligence to ensure their supply chain is robust | Post & Parcel

The supply chain is a network

“Although we call it a supply chain, it is a network. Companies are interlinked and the processes and network design is now global. If one region is disrupted, there is a knock on effect. Some industries such as apparel hold capacity across a number of different regions, so they will be looking to other areas to make up any shortfall and looking for alternative shipping and airfreight lanes”

“Supply Chain Networks can evolve rapidly and some industries are good at reacting and creating new supply chains. But developing new partnerships can take time. China’s manufacturing operations are efficient and technologically advanced – because of local and Western investment – and alternative regions may not have these capabilities”

— Read on postandparcel.info/119035/news/freight/covid-19-companies-should-be-continually-monitoring-and-gaining-intelligence-to-ensure-their-supply-chain-is-robust/