Glenn Steinberg shares insight into how EY teams are building the next generation of resilient , sustainable and autonomous supply chains
EY
Glenn Steinberg shares insight into how EY teams are building the next generation of resilient , sustainable and autonomous supply chains
The pandemic has forever rewritten the rulebook for the global supply-and-demand economy , a delicate ecosystem that , until early 2020 , was predicated on efficiency and productivity above all else .
Every industry has had to come to terms with titanic shifts during the pandemic : finance now faces a touch-and-go cashless future , while retail has become omnichannelled and next-day-delivery by default .
Underpinning each of these pivots is the supply chain , where the only constant is adaptation . Ask any chief supply chain officer ( CSCO ) how the pandemic has impacted their day-to-day life and , unprecedented demand aside , they ’ ll tell you it ’ s been largely business as usual , but with a significant twist .
“ What ’ s interesting is that the pandemic hasn ’ t necessarily created any new challenges for supply chains ; it ’ s just magnified the problems that already existed ,” says Glenn A . Steinberg , EY Global Supply Chain Leader . “ In the US , for example , some estimates say we are short by about 80,000 truck drivers at this time . But three years ago , we were also short , just by about 61,000 .”
Adaptation has been a career-defining concept for Steinberg , a former executive at GE , IBM and another Big Four who for more than 30 years has helped organizations evolve and thrive throughout periods of boom and bust .
46 May 2022