McKinsey July 21, 2020
The coronavirus pandemic’s unprecedented tests are inspiring companies to consider bold moves in rebuilding their supply chains for the future.
At the height of the COVID-19 pandemic, bare supermarket shelves and worldwide shortages of critical personal protective equipment made supply chains headline news. Across industries, companies had little time to address logistics disruptions, shortages of parts and materials, and sudden swings in demand. That required many organizations to rewire their supply chains at short notice—all while keeping their people safe and complying government policies designed to slow the spread of the virus.
Now, as businesses embark on the journey to recovery, supply-chain leaders are telling us that they have no intention of returning to the status quo ante. In the...