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.
A few years ago, Amazon.com Inc.’s quick delivery team debated doing something radical for the e-commerce giant: asking shoppers to consider the environment.