A guide for artificial intelligence and machine learning
The future of global supply chains
How global supply chains are affected by and adapting to the effects of COVID-19.
In June 2020, we have conducted 34 interviews with supply chain executives across industries with the purpose of creating a better picture of the consequences of COVID-19.
As the focus of this survey is on global supply chains, all the companies that we interviewed have multinational presence in the private sector and are headquartered in Denmark, Sweden and Germany.
Key questions addressed include:
The conclusions presented are not meant to be exhaustive and are purely based on the sample of the 34 companies that are interviewed.
Manufacturing and distribution footprint, operating model, transparency and digitalisation are the most important dimensions going forward:
Based on the survey, the most important areas going forward are manufacturing and distribution footprint, operating model, transparency, digitalisation and scalable ramp-up/down.
Key findings:
Many organisations focus on identifying problems rather than risks, which is problematic as larger changes imply larger and more dynamic risks and it impact to the supply chain is not factored in. With a proactive and structured approach to supply chain risk management, contingency plans and structures for agile decision-making are always on standby.