Analyst Insight: The wildly successful social media campaign for Popeyes’ new chicken sandwich — which quickly led to critical supply shortages for the company — is a cautionary tale about the havoc that social media can wreak on supply chains. To avoid squandering opportunities afforded by unprecedented demand, supply chains need to run like well-oiled machines, with collaborative sales and operations planning (S&OP), a finger on the pulse of social media sentiment, best-practice scenario planning, and rock-solid supplier relationships.
Healthcare supply chains tend to be high-margin, regulated businesses with strict quality requirements, such as the need for cold-chain storage and transportation. Yet they’re often ripe for improvements across the board.
The key to fighting the coronavirus outbreak lies in the application of supply-chain management principles, and the creation of a global, end-to-end network for partner collaboration in the healthcare industry.
It’s been 20 years since passage of the Victims of Trafficking and Violence Protection Act of 2000. Yet public awareness of human trafficking in global supply chains remains shockingly deficient.