The effects on supply chains when organisations need to diversify
We recently identified that
managing your supply chain in the current climate is critical to your organisation’s future. But for many organisations, it hasn’t stopped there.
The negative impact of global events on an organisation’s financial position or reputation is potentially huge, even devastating, but many organisations are seizing the initiative and stepping up to manufacture much needed new items.
It is clear that, in unprecedented times such as these, some businesses are better set-up for change than others. Huge international companies such as
Dyson are now changing their processes, and supply chain, to make ventilators to help the fight against Covid-19. Fashion companies from Dior to Burberry, to Nordstrom are
now making protective masks and gowns. Proactis customer
Honeywell has expanded its production and the aerospace facility will now manufacture N95 masks for Covid-19.
But while changing your service or adding new products to increase sales is often a positive step, managing the impact of such a sizable change on your supply chain can be complex and fraught with difficulty.