OEMs won’t experience the full benefits of Industry 4.0, including hyper-efficient inventory management, lower warehousing costs and better customer experience, unless they fully optimize their supply chains.
Ian Pribyl, co-founder and chief marketing officer of Pivotal Group, explains why small startups shouldn’t automatically accept money from venture capitalists and other outside investors, no matter how tempting the offer might be.
Kris Timmermans, senior managing director and global lead for supply chain operations with Accenture, and David Simchi-Levi, professor of engineering systems at MIT, discuss their joint effort in creating a stress test for assessing the risks to supply chains of major disruptions.
Shortages in supply and disruptions in the logistics chain are a tale as old as time. And while there are few precedents in this period of uncertainty, the basics remain the same: By adopting guidance that pacesetters use to navigate other forms of disruption, you can confidently lead your supply chain through change, now and in the future.
With multiple variants of a vaccine for COVID-19 on the brink of approval and manufacturing, concerns are arising about the ability of supply chains to distribute hundreds of millions of doses quickly and safely to healthcare providers throughout the country.