We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Four tips for creating a more resilient supply chain
CSCMP EDGE 2020

Four tips for creating a more resilient supply chain

Panel discussion at the CSCMP EDGE conference identified best practices that can help a supply chain respond better to a crisis.

September 22, 2020
Supply Chain Quarterly Staff
No Comments

This year’s COVID-19 pandemic shoved risk management and resiliency to the top of the list of priorities for supply chain leaders. But what does it take to actually create a resilient supply chain? A panel of supply chain experts gathered virtually for the Council of Supply Chain Management Professionals (CSCMP) EDGE 2020 conference, offered the following tips.

Know who’s in your supply chain. Many companies still are not able to map their suppliers’ supply chains, according to Dale Rogers, ON Semiconductor Professor of Business at Arizona State University. Rogers acknowledged that conducting such a mapping exercise is “always expensive and time consuming” but says it’s increasingly necessary to do as the number of supply chain disruptions increase.

Plan ahead. Simply having a plan on paper before a risk event hits can go a long way toward responding efficiently and effectively, according to Rob Haddock, group director of planning and logistics for The Coca-Cola Co.—North America. Haddock stresses that the plan does not even have to be a perfect match for the particular event.

For example, while Coca-Cola North America did not have a pandemic risk management plan before this year, the company did find that it’s risk management plan for hurricanes provided an effective framework, he said. During the pandemic, people shifted where they purchased beverages away from “out of house” locations and toward grocery retail. A similar dynamic often occurs after a hurricane, said Haddock. 

Have a crisis management team. Part of that risk management plan should be a framework for who does what during a crisis. According to Simon Ellis, supply chain vice president, at the analyst firm IDC, companies that have responded the best to the COVID pandemic have been ones that had a pre-defined crisis management team. While these team members may not work in risk management full time, according to Ellis, they are identified as the “go-to” resources within the company, which allows the company to respond more quickly to an event.

Take advantage of emerging digital technology. One way that The Coca-Cola Co. is trying to become more resilient in North America is to use artificial intelligence to process all the information that company is receiving so that it can identify and respond to events in real time, according to Haddock.

Strategy
  • Related Articles

    Supply chain resilience: Lessons learned from the pandemic

    Creating a consumer-friendly supply chain continues to challenge retailers

    Today is the time to act on creating a sustainable supply chain

Recent Articles by Supply Chain Quarterly Staff

Hyundai teams with pharmacy startup to build autonomous prescription delivery

EDGE Conference is heading to Nashville

Newest podcast series focuses on supply chain technologies

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Is it time to blow up S&OP?

  • How to build a supplier diversity program that will drive long-term impact

  • Logistics pros warn of business impact from Russia-Ukraine war

  • Supply chain’s miracle workers

  • Container prices continue to drop

Featured Video

Cccb7d13 710a 4473 8132 da8b6cc286f1

The Sportsman's Guide Case study: Increasing Accuracy & Productivity

Viewer Contributed
Thanks to the Lucas Warehouse Optimization Suite, The Sportsman's Guide has increased productivity, reduced training time, and experienced a boost in accuracy for both full-time staff and seasonal employees. Want to learn how Lucas can help your DC be more efficient, accurate, and safe while reducing labor costs?...

FEATURED WHITE PAPERS

  • Omnitracs One – Last Mile Solutions

  • The enterprise shipper's guide to building a smarter truckload RFP

  • Fixed vs. Flexible Automation: Which Option is Better for 3PLs?

  • Enhancing Relationships in Logistics through Data & Collaboration

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing