How can you maintain your supply chain during the Corona crisis
Steering through an economic crisis demands the highest level of flexibility and adaptability in a business. In times of crisis, businesses usually respond with job losses but once the upturn then comes, there is a lack of experienced workers and capacity, through which the competitiveness and future capability of the business suffers.
Economic crises are like an exercise in Change Management – under high pressure and fast motion. Here, special attention is needed in logistics and delivery chains. During crisis management, the immediate short-term measures called for in the period of crisis should not detract attention from the time following the crisis. As soon as the situation has stabilised, opportunities for the future need to be sought.
Active, courageous and flexible actions are the basic pre-requisite for this.
Constant checking of, and if necessary, adjustment to the most important influencing factors is essential. Concentration on key areas without neglecting important elements is of existential importance. In our many years of experience, the basic structure has become established within the supply chain processes – procurement, warehousing, order-picking shipping/distribution – and the constantly changing areas of activity – material requirements, transport, liquidity and personnel.
Download the full white paper today and begin discovering how you can protect your supply chain.
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“It is not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.”
A particular emphasis should be placed here on liquidity. To manage this actively, the direct or indirect influences on material requirements, transport and personnel within the supply chain must be considered.
Continuously working through different scenarios and possible actions, and roughly testing their feasibility is important. Remember, no matter how good your planning is, no plan will withstand the first contact with the virus!
Download the full white paper today which will explore the 4 key factors which influence your supply chain and need immediate analysis. For each factor we examine additional details to help you strengthen your supply chain.