Integrated Supply Chain Management Expertise – collaboration, networking, relationship management, technical expertise, risk management and change leadership within and across the function of the supply chain, as well as cross-functionally in the broader company and related parties.Big Thinking and Strategic Insight – how to alter the chain, utilize data more effectively or apply technological advancements to change the way they do business constant evaluation of changing geopolitical and environmental forces close connection with customer base to predict shifts in demand (expected and unexpected).They have sharpened their supply chain risk management processes after each disruption, but we’ve never seen a disruption like this where world powers are telling their people to stay home and not work, effectively eliminating all contingency solutions.Īdditionally, as they move to mitigate the risks of these new challenges, longer-term questions arise: Should we bring sourcing back onshore? How much inventory do we need to tide over in this crisis? With a global health pandemic and no clear view on when or how it will be resolved, supply chain executives are scrambling for a new normal.Īccording to partner Heidi Hoffman, “The supply chain executives best prepared for this crisis have more of a general management mindset, with characteristics such as: Supply chain executives have lived and learned through many disruptions: 9/11 terrorist attacks, 2011 earthquake and tsunami, even health related scares such as Ebola and SARS. Over the past 20+ years, businesses have increasingly moved to global sourcing and lowest cost manufacturing. With the pandemic impacting suppliers and delivery methods on every continent, supply chain executives are leaning in on their crisis management plans. Supermarket shelves are empty and yet shuttered restaurants have massive supplies they cannot use. Plants are shut down around the world, and there are major shortages of raw materials, sub-assemblies and finished goods, impacting nearly every industry segment. Read on to learn what they have to say about how the virus will impact key sectors and the shifting demand for leadership. And on it goes in terms of forecasting changes across industry lines.Įxecutive search consultants from ON Partners have weighed in on what we can expect across several industries, including supply chain, ecommerce, private equity, telecom and telemedicine, software and life sciences. Ecommerce becomes an even more sizeable force. Infrastructure needs more fiber and wireless access. Manufacturing, particularly in Pharma, will come closer to home. MA─ Bound to reshape society in lasting ways, the pandemic is shining a bright light across countless industries, unearthing both vulnerabilities and opportunities. Executive search consultants specializing in key industries tap into their market insights to predict what’s to come post-pandemic.
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