Supply Chain Resilience: Lessons Learned from the COVID-19 Pandemic
The COVID-19 pandemic highlighted the importance of supply chain resilience. Lessons learned include diversifying suppliers, embracing agility, improving communication, leveraging data and technology, and implementing robust risk management practices. By applying these lessons, companies can build more resilient supply chains capable of withstanding future disruptions. The pandemic served as a wake-up call, emphasizing the need to proactively address vulnerabilities and prioritize preparedness. Supply chain resilience is essential to ensure business continuity, meet customer expectations, and navigate the uncertainties of a rapidly changing world.