Immediate action is key to stabilize your supply chain and procurement activities during a global health and economic crisis. For those responsible for operations, the focus must lie on all activities with a positive impact on sourcing, supplier management, and material availability to reduce supply chain disruptions. These levers create positive effects on balancing supply and demandand on optimized inventory management along the entire value chain.
The focus must be on speed, agility, and stabilization, which means:
We can point out three main success factors: