Supply Chain Scenario Planning – Coronavirus Synopsis Questions Supply Chain Resilience, Contingencies, and Business Continuity Plans
Foreign Policy News, 2020
8 Pages Posted: 28 May 2020
Date Written: March 7, 2020
Supply chain scenario planning – Coronavirus synopsis questions
Supply chain resilience, contingencies, and business continuity plans
Historic case study of high dependency on the region and the inappropriate spread of manufacturing load. Contingency planning to address business continuity frameworks more serious, rather than a tick box exercise.
Classic case study – Will China prove to the world that it can catch up on speed even in the most difficult time too?
Organic growth and units in their local regions by onshore or near-shore operations, hence more bilateral agreements in international trade import and export.
Operationally weak businesses/brands will vanish. Time to discover or develop diversified value chains as now supply chains will compete against other supply chains.
Scrutiny and high demand for health standards and reforms in businesses.
Keywords: Supply Chain, Scenario Planning,Coronavirus, Supply chain resilience, contingencies, business continuity plans, Onshore, near shore, health, international trade, organic growth, China, manufacturing, FTSE100, Geopolitical, Agriculture,import,export,Europe,Americas, UAE, Asia,Black Swan,Cybersecurity
JEL Classification: A11,D81,E66,D24,Z18,Q17,R42,F01,F18,F23,F38,F53,F61,F62,F63,G20,K20,P45,H12,H25,G32,O51,O52,O53,O56
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