Ardent Partners hosted The CPO Rising 2K20 Virtual Series – The Resiliency Imperative as a way to bring together our global community of procurement, finance, and supply management professionals and collectively tackle the big issues we were all facing and continue to face as a result of the coronavirus pandemic. As a special treat for all our readers, Ardent is excited to present the recorded sessions from that Virtual Series.
When the current global crisis eventually fades, almost every business will be forced to review, revamp, and reimagine its supply chain. At this time there will be a clear opportunity to consider the long-term impact of any new decisions – from cost and risk to the impact on customers and the environment. Listen to Divya Demato, CEO & Co-founder of the GoodOps, a renowned expert in sustainable supply chain management, as she presented a series of new considerations and new options that are available to supply management leaders as they re-craft their supply chains in a “post-COVID-19” world. Key insights from this session include:
“Nearly 75 % of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 % believe that their organization will experience some impact because of COVID-19 disruptions.”
“The path to resilience will be hard won. Companies must be strategic in their response and recovery efforts to ensure successful restoration and reinforcement of their brands.”
“While the primary goal is near-term survival, signals sent during crisis endure.”
“To future-proof supply networks from another reality-altering event, companies must build a business continuity plan centered on stabilizing the people and resources in their supply chain.”
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Tagged in: CPO Rising Summit, Supplier Performance Management, Supplier Relationship Management, Suppliers, Sustainability, The Resiliency Imperative, Transformation
