DISRUPTIONS
What global event exposed major weaknesses in modern supply chains?
COVID-19 pandemic
What is the ability of a supply chain to recover quickly from disruptions?
Resilience
What technology helps supply chains analyze large amounts of data and improve forecasting?
Artificial Intelligence (AI) / Big Data Analytics
What planning process balances demand with operational capacity?
S&OP (Sales & Operations Planning)
What are the three dynamic capabilities vigilant organizations need?
Sensing
Seizing
Transforming
What is the term for relying too heavily on one supplier or one country?
Supplier dependency / concentration risk
What strategy are companies using to reduce dependence on distant global suppliers?
Regionalization / Nearshoring / Supplier diversification
What does HOTW stand for in modern supply chains?
Hands-Off-The-Wheel
What is one major obstacle organizations still face in supply chains today?
Lack of collaboration
OR
Poor data management
OR
Technology implementation challenges