disruption , while sustainable supply chain management requires sustainable and diverse sourcing strategies .”
Supply chain in the C-suite The final major post-pandemic shift in supply chain is the rise of the CSCO and the elevation of supply chain as a constant boardroom agenda item . Some draw parallels to the rise of the chief information officer in the mid-2000s : once a nice-to-have advantage that is now an imperative skill set for every growing business . “ The best CEOs are fully versed in the importance of technology ,” Steinberg says . “ They have to stay abreast of it as it ’ s moving very fast , and , otherwise , they can miss a pivot and easily be disrupted . Now CEOs , frankly , need to understand supply chains as well . It used to be a cost of doing business , but now it ’ s in the boardroom , and if you do it right , it can be a competitive advantage and a revenue growth driver . For example , think about the largest online retailer , they can get you the product the next day , maybe even the same day . That ’ s all about using the supply chain as an engine for growth by quickly meeting customer needs . That is a differential competitive advantage .”
Supply chain expertise can also come from sources beyond your company ’ s four walls , Steinberg points out , through a partner ecosystem where companies can collaborate and gain scale by accessing the talent of thousands of talented supply chain professionals globally .
This , he says , is why the EY organization collaborates with best-of-breed innovators : industry solutions providers such as SAP and Blue Yonder , and technology giant like Microsoft . supplychaindigital . com 55