Over recent decades, and increasingly so, organizations have faced extreme supply chain challenges that have stretched capabilities to the breaking point - whether it be from natural disasters, tax tariffs, geopolitical events….or a global pandemic. Major disruptions can impact even the most mature supply chain organizations and industries.
Rob Barrett, head of the U.S. Supply Chain Advisory business, and Tarun Sondhi, principal with KPMG On Demand Services, discuss the hard work required to fix systemic supply chain issues, as exposed by COVID-19.
Topics addressed include:
- eight risk areas that must be reviewed for a comprehensive perspective on how to identify and manage the complexity surrounding the supply chain
- how predictive supply chain risk platforms allow advance warning signals by using AI, big data, digital twins, and other enabling technologies
- the importance of simulating enterprise-wide risk impacts across demand, supply, and economics to drive informed decision-making
- specific lessons the pandemic has already taught around success measurements, supplier assessments and risk frameworks
- ways in which the current environment can serve as a catalyst for change to build resiliency in the face of the next significant risk event.