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Supply Chain Disruption Workshops

Learn how to protect your business from supply chain disruptions. Register for our upcoming workshops with Grey Falcon Consulting.

Global Supply Chains

The outbreak of the deadly virus has had a huge impact on global supply chains and production lines that enable businesses. Supply chains are a crucial lifeline ensuring that vital medical supplies, food, and other critical products continue to flow through the global economy. There’s no doubt that the pandemic has put to the test the inventiveness, resilience, and greater flexibility of worldwide supply chain leaders as they have sought to maintain essential, and meet basic, services.

The epidemic has also served as a true test of corporate ethics and purpose. Consumers, investors, governments, and communities may later assess businesses on how they manage this period of upheaval.

While a lot of regions and industries are still shut down, others are transforming into an entirely different reality as low inventories, capacity constraints, and supply disruptions rage on. While economies resume operation, the supply chain and value chain will be vital in delivering items and services promptly, securely, and efficiently.

Supply Chain Disruption

Business executives must make fast judgments and take immediate actions to keep their businesses running in order to serve their clients, customers, communities, and workers as well as safeguard and support their staff.

Resilience and responsibility will be required in the repurposed and reconstructed supply chains of the future. These will assist communities to cope with short-term problems while also allowing enterprises to grow around their consumers and help economies recover.

A recent study by the Council of Supply Chain Management Professionals (CSCMP) and Deloitte found that just over half of respondents (51 percent) believe it will take six months or more for their company‚Äôs supply chain to return to “normal” post-COVID-19.

An astounding one-fifth (20 percent) of companies surveyed do not expect their supply chains to ever return to “normal.”

The pandemic has forced businesses of all sizes in all industries and geographies to rapidly reassess every link in their value chains. Segments that were once considered low risk are now being viewed as potential sources of significant business interruption. As a result, many organizations are revising their supplier qualification criteria and selection