Managing Risk Through Sustainable Supply Chains
The idea of having resilient supply chains to reduce risk is not a new way of thinking. However, when the COVID-19 pandemic hit, many companies around the world discovered that their supply chains had unanticipated vulnerabilities. For example, the pandemic caused border closures that disrupted transportation routes, which compromised suppliers’ ability to meet the demands of their partners. Lockdowns led many economic players to halt production, at least temporarily, to reconfigure operations and allow workers to safely resume their activities.
Source: www2.deloitte.com