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Questions On Supply Chain Flexibility

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Questions On Supply Chain Flexibility

Build your knowledge with top universities and organisations. Learn more about how FutureLearn is transforming access to education. Planning for supply chain flexibility Planning for supply chain flexibility. View transcript. The role of the supply chain here is pretty important in this new world.

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Who knows what tomorrow is going to bring? But the world then was actually rather different than it is today. Things were more predictable. We could plan ahead. We could build forecasts.

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Today, I think we got to be much more focused on the much closer horizon. And to me, that implies the need for much higher level of flexibility.

Questions On Supply Chain Flexibility

Do I really want to make commitments which are going to tie me down in a world that might be quite different? And this means again, I think, how we make use of external resources. You see, in the past, you could have a vertically integrated business where you owned your upstream suppliers.

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He owned steel mills, he owned rubber plantations and a mahogany forest. Anything that he needed to build that car, he owned. Relationships will have to be created, which may only last for a short period of time before we move on because we have to do something different.

Questions On Supply Chain Flexibility

We need relationships.]

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