RISK & RESILIENCE
When the world was plunged into uncertainty back in 2020 with the global pandemic , it sent shockwaves across the globe , with an unprecedented event that changed everyday life in a matter of days .
Back in 2021 , a survey from ELCOM of almost 3,000 buyers and suppliers , discovered that more than 50 % of leaders believe COVID-19 has significantly amplified the supply chain uncertainty created by Brexit .
A further two-thirds of respondents agreed that events exposed supply chain deficiencies relating to missing , fragmented , or inaccurate data . The biggest challenge identified was the complexity of modern global supply chains .
Issues surrounding closed borders , increased demand , restricted labour and decreased resilience all played their part in impacting supply chains .
Four years on from the dawn of the pandemic , what do crisis management and contingency planning look like in a post-pandemic world ? Procurement Magazine spoke to supply chain leaders about the lasting impact .
How the COVID-19 pandemic reshaped crisis management strategies Samir Khushalani is a Partner at McKinsey , the global management consulting firm . He explains that the past few years of upheaval have underscored the range of ways the
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