10 ways to Future Proof Supply Chain and Manufacturing Operations
The Covid-19 pandemic has created sudden, profound changes in manufacturing and supply chain operations. Here are ten actions you can take now to help prepare for what's coming next.
— A favorite quote of baseball legend Yogi Berra
Let's take a moment to reflect on how much conditions have changed since Q4 of 2019.
Back then, your company was probably putting the final touches on its financial and operational plans for 2020.
As you polished the shiny deck of PowerPoint KPI slides to present at management review meetings, the advice of supply chain logistics and manufacturing operations consultants might have been ringing in your ears: "Are we undertaking the right kind of customer-centric, value-added digital transformation across our supply chain that's in line with industry best practices? Are we leveraging the power of the cloud to ensure end-to-end supply chain transparency, minimize our Capex and inventory carrying costs, and elevate our stock price and EBITA?"
At this moment, if someone told you, that in just a few weeks, major sectors of the US (and world) economy would be shut down over a pandemic, that e-commerce sales would jump up by an extra $52 billion dollars, that 96% of passenger airline flights would be cancelled (and many of the remaining flights would have cargo packages strapped into the seats) – and most shockingly — that supply chain logistics and manufacturing operations would be headline news nearly every day, you would have dismissed it as crazy talk.
But then it happened. And here we are. So where do we go from here?
What can you do now to ensure that your business thrives during these difficult times?
Here are ten steps to consider:
1. Ensure The Safety And Health Of Your Workers
Taking care of your employees should be at the top of your to-do list.
Implementing the new recommendations from OSHA and the CDC to protect workers on the job is a crucial first step. Across the country, facility managers are busily stepping up cleaning and hygiene procedures, as well as reconfiguring floor plans to increase social distancing at work and are installing new furniture accessories (such as transparent barriers) to discourage virus transmission on the job.
Tip: see our in-depth articles on how schools and offices, laboratories, and warehousing/
Managers also need to keep in mind that many of their employees have had completely different experiences as a result of the pandemic lockdown.