As a result of President Trump’s tariffs, a recent survey of executives at Global 1000 companies uncovered what single biggest threat?
a. |
the fear of the unknown |
|
b. |
the fear of improperly weighting performance dimensions |
|
c. |
the fear of misclassifying direct and indirect costs |
|
d. |
the fear of a supply chain disruption |
d. the fear of a supply chain disruption
In recent years, supply chain has become longer and more complex, while the severity and frequency of supply chain disruptions seems to be increasing and it is the single biggest threat
When a disruption occurs, businesses need to have mitigation plans in place to prevent loss of market share to better prepared or less affected competitors.It is increasingly clear that supply chain established during more stable times need to be reshaped for operation in the era of increased volatility. Elements of what we call Dynamic Operations can help accomplish this.
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