Main Interview being discussed at board level . That shift in itself creates challenges . Questions now need to be answered on a more outcome-oriented and top-level-objective basis , and are no longer about what can be controlled on a dayto-day level . The supply chain has historically not been a predominant part of the C-suite conversation . Questions surrounding resiliency and forecasts are really difficult to answer without comprehensive data and the systems that facilitate its interpretation .”
Phil goes on to explain that as a result of recent volatility , usual operational environments are practically obsolete . “ There has been the shift in mindset from prioritizing long-term relationships and systems to focusing on ways to adapt with real speed to an environment that is pretty unpredictable ,” Phil elaborates . “ From cost increases to delayed stock , disruption is unlikely to dissipate anytime soon . As such , there is the necessity to not only react strategically at speed , but also to adapt quickly .”
Risk mitigation
In terms of ongoing or future disruptions , Phil believes the supply chain will continue to be challenged . “ It ’ s going to be pretty difficult to transition to a truly localized supply chain . There are very few countries in the world that can do that because of material constraints . If an organization is able to localize its supply chain , there will always be an element of risk from a number of directions .
When we talk to customers today , their supply chain is now being discussed at board level
scw-mag . com 11