How to manage major disruptions to your supply chain
01 Oct 2020The worldwide COVID-19 pandemic has exposed glaring vulnerabilities in today’s global supply chains, making it essential for businesses to quickly and effectively develop risk management plans for their supply chain. Despite the last decade seeing several catastrophic events including the disastrous hurricanes that hit the U.S, Puerto Rico and the Virgin Islands in 2017, Japan’s 2011 devastating tsunami, and 2010’s volcanic eruptions in Iceland that grounded flights worldwide, most companies were still underprepared for the COVID-19 pandemic.
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