Supply-chain management consultant River Rock Advisors breaks down four key components of a successful operational strategy: preparation, implementation, execution and measurement.
From cubicles to factory floors, cafes to clothing boutiques, businesses around the world are dreaming up creative ways to reopen, attempting to start revenue flowing again while minimizing the risk to customers and employees.
The coronavirus outbreak is prompting investors to put a greater emphasis on the “S” of ESG — and consider how companies treat employees during the pandemic.
The coronavirus pandemic is just the latest of an endless series of crises to hit companies around the world. And, like so many previous ones, it has exposed a serious lack of preparation by business leaders and supply chains.
Carmakers might seem unlikely candidates to build ventilators for coronavirus victims. But in fact they may be quite well-suited to churn out the highly intricate medical devices that are in critically short supply.
It’s no secret that today’s supply chains have become more complex than ever, with socioeconomic and market dynamics underscoring organizations’ need to respond to an outside-in, demand-driven world.
