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COVID-19: A perspective for Supply Chains

COVID-19: A perspective for Supply Chains

100 seconds with Maureen O’Shea on the importance of resilient supply chains

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“It has been a tremendously busy time as we figured out how to get the right product to the right place in the most fiendishly complicated situation”

In our 100 seconds video, Maureen O’Shea, Partner, Leading Operations Team reflects on the reactive environment supply chains have had to operate in over the past 8 weeks, the learnings COVID-19 has provided and the need to now focus on resilience as we move forward to a new reality. 

She outlines three key emerging themes that are critical to this resilience journey: suppliers, scenario planning and the importance of footprint reviews.

  1. Suppliers – “Understand them in depth, and prioritise the key relationships.”
  2. Scenario planning – “Be at the heart of the scenario planning for the new reality your business will be facing into.”
  3. Footprint reviews – “With the new reality, your business is likely to look different. Make sure to plan to evolve the supply chain infrastructure to match that, and to do so in a future fit manner – which includes your environmental and climate goals.”

COVID-19 has heightened the importance of a resilient supply chain. Have you future proofed your supply chain?

For further information on moving from operational resilience to recovery during this unprecedented time, coupled with short to long term goals and industry insights, please click here.

© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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