Deloitte Releases Report on Supply Chain Recovery for COVID-19
Deloitte recently released a report titled “COVID-19: Orchestrating the recovery of organizations and supply chains” that details how supply chains might move from a response to recovery.
While many supply chains set up a central command center to speed up response during crises, as the crisis moves into recovery, that command center can flow into a central orchestration point. As they still have the most up-to-date information, they can appropriately channel that to the right department to manage working capital.
The report also offers solutions and tips for:
Monitoring for signals of economic rebound. This section details different indicators that will signal how the economy is doing. Monitoring these indicators on a global scale is important because supply chains are global.
Cross-functional and cross-enterprise orchestration. This section includes information on risk management, business continuity, leadership, employee well-being, the market, and synchronization of supply chains.
How to move into the new normal. The conclusion offers a reminder that this is not the first crisis supply chains have recovered from and poses questions for companies to answer as we move into the new normal.