Congested ports, sourcing problems and labor scarcity are just some of the problems that have led to broken supply chains in recent years. The resiliency of the global supply chain has been a matter of discussion in boardrooms of firms big and small.
Management consulting firm Kearney has been heavily involved in discussions over the past few years with executives looking for a path forward in building supply chain resiliency and excellence.
“Understandably, supply chains have been a regular topic of discussion in the news and top of mind for executives over the past few years,” Kearney associate partner Rupal Deshmukh says. “Supply chain excellence has long been critical to business success, and now more than ever there is a strong need for agile end-to-end supply chains to avoid disruption and supply shocks while ensuring that product gets to market in a timely fashion.”
But, the speed at which Kearney has been able to garner insights from its own internal research has been slowed because, like supply chains themselves, the data has resided in various divisions of the firm. That is changing.
New focused effort
Deshmukh, a supply chain expert, will guide a new initiative inside Kearney focused on building out the most resilient supply chains. The Kearney Supply Chain Institute will help promote the firm’s legacy operations, studies and competitions, including the annual Assessment of Excellence in Procurement (AEP), Global Factory of the Year competition, Reshoring Index report, and State of Logistics Report.
Please click here to read the complete article.