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Wednesday, October 7th 2020

This week in
Consulting

What are the opportunities for Supply Chain during and after the pandemic crisis?

This week’s must read

Why COVID-19 is a Galvanizing Moment for Eliminating Physical and Digital Supply Chain Risk - Global Trade Magazine
Incorporating AI-powered solutions into your supply chain risk management strategy can automate identification of risks that exist within a supply chain.

 

Manufacturing, Financial services, … every industry has been scrambling to minimize the impact of the Covid-19 on the bottom line. The pandemic served as a trigger to identify and eliminate risks in their global supply chains. Do you think that incorporating AI-powered solutions into your supply chain risk management strategy will allow you to identify problems before they threaten the business?

This Week’s Must Read is an insight piece from Jennifer Bisceglie for GlobalTrade about the impact of covid on supply chain.

  Jennifer Bisceglie@Interos for GlobalTrade

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Thought Leadership

Why COVID-19 is Different from Other Supply Chain Disruptions
COVID-19 is a different form of supply chain disruption. Its impact on the supply chain is far more sweeping than anything ever experienced before.

 

COVID-19 is a different form of supply chain disruption unknown until now. What should companies do to protect themselves from future disruptions? Flexibility should allow to move quickly, that will help to minimize impact on the bottom line.

Michael Wilson@AFFLINK

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how-supply-chain-can-mitigate-covid19-disruptions
The media industry is going through a major transformation. For those who want to lead, experimentation needs to play a role in your strategy.

 

Supply chains are responsible for making anything and everything we use in our daily lives available to us. How do supply chains affect our daily lives, and how can a pandemic disrupt them?

 Nezih Altay@ Technische Universiteit Delft

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Global Supply Chains in a Post-Pandemic World
Companies need to make their networks more resilient. Here’s how.

 

The Covid-19 pandemic, trade restrictions, & shortages of pharmaceuticals have unveiled many weaknesses and triggered a rise in economic nationalism. The challenge for managers will be to make their supply chains more resilient to increase their domestic production.

Willy C. Shih@Harvard Business School

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COVID-19: Implications for business
Our latest perspectives on the coronavirus outbreak, the twin threats to lives and livelihoods, and how organizations can prepare for the next normal.

 

This article is a full set of McKinsey ‘s latest perspectives on COVID-19, how organizations can prepare for the next normal and why executives are more hopeful about the economy than they have been at any time so far during the COVID-19 crisis.

Matt Craven, Linda Liu, Matt Wilson and Mihir Mysore@McKinsey

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This week’s Consulting News

Heritage Bank, PWC, Deloitte canvass use of technology to tackle fraud - Businessday NG
Heritage Bank Plc, has called on internal auditors of banks to adopt the various digital technologies to prevent fraud and annul the adverse impact of Covid-19 on the financial ecosystem.Speaking at the just concluded 47th quarterly meeting of the As

| Hope Moses Ashike@Business Day

Long-term thinking proves vital to Singapore ‘remaking itself’
City takes steps on infrastructure, water and food security projects

| Jeremy Grant for Financial Timer

Agilis Collaborates with UL to Simplify Chemical Material and Ingredient Sourcing
/PRNewswire/ -- Agilis Chemicals, a leading provider of commerce platform for the chemical industry, announced today a collaboration with UL, a leading safety...

| @PRNewswire

Deloitte Global vetoes plans to sell UK restructuring unit
The prospective sale of Deloitte UK’s restructuring unit has been torpedoed by the Big Four firm’s global leadership.

| @Consultancy.uk

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This week’s media

John Scannapieco, chair of the Global Business Team at the law firm of Baker Donelson, explains how the U.S.-China trade war, the coronavirus pandemic and global recession are causing companies to rethink the structure of their supply chains.

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