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Preparation Tips on Managing Your Supply Chain After COVID-19

The first wave of lock down is slowly subsiding, with business owners looking at ways to restart their supply chains once again. 

These times are uncertain, but one thing is for sure: the supply won’t be the same as it was before the pandemic began.

With that in mind, logistics professionals are looking at the industry with a fresh perspective, not just to get up and running again, but to prepare for the future.

As mentioned, the key word is “uncertainty”, so how can supply chain managers tackle large scale disruptions with finesse? 

The variables at play here are simply put (but of course, easier said than done) being able to think and act quickly with streamlined precision to meet demand.

How can this be accomplished? It starts with learning new management methods and adapting. Here’s 4 tips to get started.

Put your team first

After a crisis, it’s paramount to take care of your people first. At a time when health and safety are at the forefront, establishing new hygiene guidelines is essential.

As well, round up your supply chain workers and address their needs, letting them know that their welfare is valued.

Make safety supplies readily available for your employees and adjust work practices as needed so they can do their supply chain jobs.

Keep your industry information sources varied

Just a tiny bit of skepticism never hurts! It’s more so about keeping your information options open and varied.

When it comes to accurate information coming out during a crisis, don’t just rely on what national sources have to say.

Keep your local contacts close to know what’s going on with the industry locally and regionally.

Logistics professionals talk in a warehouse

Run scenarios

One way you can prepare for unforeseen events is by running scenarios with your supply chain employees.

Look at the current crisis and past large scale disruptions and how that affected inventory and transportation.

Come up with business continuity plans to handle these situations. The key here is to make adaptation to new practices as fast and efficient as possible to keep the supply chain pumping.

Consider sourcing locally

Do your homework on local production facilities and design a plan that involves sourcing your markets locally.

By keeping your sources dispersed, you reduce risk and have a plan to be highly responsive in lieu of an inventory disruption.

You prepare for a lower economy of scale, higher capital costs and lower transportation costs.

 Preparation Tips on Managing Your Supply Chain After COVID-19
Courtney L.
May 19, 2020

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