THE BLACK SWAN OF 2020
LOGISTICS
Supply Chain Digital speaks with Big Data and Analytics experts to discuss how the innovative technology can help navigate the impact of COVID-19
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THE BLACK SWAN OF 2020
In just a few short months , the impact of COVID-19 has transformed the ways in which not only supply chains but all organisations around the world operate . While “ the full impact of COVID-19 on supply chains is still unknown , one thing is for certain — it will have global economic and financial ramifications that will be felt through global supply chains , from raw materials to finished products ,” says Deloitte .
While supply chains have become highly sophisticated and vital to the competitiveness of many companies . Deloitte further explains that “ their interlinked , global nature also makes them increasingly vulnerable to a range of risks , with more potential points of failure and less margin of error for absorbing delays and disruptions . A decades-long focus on supply chain optimisation to minimise costs , reduce inventories , and drive up asset
JULY 2020