Writing online at Forbes Business, Steve Banker has a great column on "The Next Revolution in Supply Chain Management." Read the whole piece.
One key aspect that he sees emerging:
Enhanced risk management capabilities in the control tower. Minutes after a major catastrophe or impactful but less severe event occurs, a company should be able to draw a perimeter around an event epicenter and answer the following questions: What suppliers are included inside the perimeter? What components do I source from them? What products do they go in? Which customers will be impacted? What is my revenue at risk?
I agree. I also agree that today "only a few very large companies with advanced supply chain capabilities moving down [this] road."
Using the same tools that Mr. Banker outlines in his piece, some enterprises -- especially those related to water, food, pharmaceuticals, medical goods, and fuel -- are improving their capability to continue operating inside the perimeter. This is even less common, but especially critical.
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