Companies need a one-two punch to knock out supply chain disruptions: First, minimize and absorb shocks. Second, respond to crises quickly.
A mere 10% of companies master both goals. So what should the majority of companies do now?

Build end-to-end transparency across supply chains, explains BCG’s Ravi Srivastava. Monitor external events that can impact operations. Track lead indicators that can discern changes to demand and supply early. Model scenarios.

And design supplier networks, sourcing strategies, manufacturing footprints, distribution structures, and even products for redundancies, substitutions, and optimization.

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