Supply Chain: Efficiency or Resiliency

Lisa AndersonBy Lisa Anderson

According to a McKinsey survey about COVID-19’s impact on operations and the future supply chain, supply chain leaders believe it will be transformed. For example, close to 75 percent experienced issues in the production, distribution and supplier footprint that will require changes in the future, and a whopping 93 percent of respondents plan to increase resilience across the supply chain. The pre-coronavirus full focus on efficiency is moving over in favor of resilience.