How to Manage Supply Chain Impacts from the COVID-19 Pandemic: From Walmart to Tesla to ThroughPut Inc
With alarming levels of spread and severity, Novel Coronavirus (COVID-19) pandemic has first shaken and then fundamentally changed the world we live in over the past few months. The characteristic of the situation causes lots of fear in our communities.
We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive, and more agile factory. With the advent of the IoT and the complexities involved in operating a global supply network,
Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. According to Gartner, supply chain organizations expect the level of machine automation in their supply chain processes to double in the next five years. At the same