The Impact of Supply Chain Disruption on Finance
As manufacturer work through the COVID-19 recession, it has become clear to executives I speak with that key processes and operating models once believed to be elective are essential to create go-forward corporate resilience. We don’t know where the next supply disruption may be – a tsunami in Japan, new trade wars or even a global health crisis. Global supplier executives need the ability to have multi-regional assets make, buy and sell their OE and aftermarket parts. Compounding the complexity is the remnants of plant-based systems that simply can’t meet these needs, or the need to adapt to new business models or acquisitions coming out of the COVID19 crisis. Global automotive suppliers need to build resilience and fitness in the design, source, make, sell and delivery process for vehicle parts. All of this while ensuring company-wide visibility, real-time accuracy and flexibility that they did not need before.