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COVID-19 and Supply Chain: Restructuring and Disruption.

COVID-19 has caused major disruption and there will be restructuring throughout suply chain.  This is a good video to help understand how companies will be restructuring supply chain.

Pandemics and Supply Chain Disruption

Supply Chain Quotes

  • “Advances in automation, artificial intelligence and robotics, while increasing productivity, will also cause major upheavals to the workforce.” ~John Hickenlooper.
  • “Leader win through logistics.  Vision, sure. Strategy, yes.  But when you go to war, you need to have both toilet paper and bullets at the right place at the right time.  In other words, you must win through superior logistics.”  ~ Tom Peters
  • “Make your workplace into showcase that can be understood by everyone at a glance. In terms of quality, it means to make the defects immediately apparent. In terms of quantity, it means that progress or delay, measured against the plan, and is made immediately apparent. When this is done, problems can be discovered immediately, and everyone can initiate improvement plans.”   ~Taiichi Ohno.
  • “As technology advances, it reverses the characteristics of every situation again and again. The age of automation is going to be the age of ‘do it yourself.’” ~Marshall McLuhan.
  • “Integration of the following technologies will revolutionize supply chain: IoT, Big Data, Blockchain, 3D Printing, Artificial Intelligence, and augmented reality.” ~Dave Waters

“Out of clutter, find simplicity.  From discord, find harmony.  In the middle of difficulty lies opportunity.” ~Albert Einstein

Supply Chain Restructuring

 

 

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