Supply Chain Recovery Series: Review, Revamp and Rebuild

There are few among us who would have believed the severity of the "Black Swan" event amidst which we currently find ourselves. Our way of thinking about the world and our supply chains has changed.  We now find ourselves in uncharted waters and where we need to now - in some respects - begin again. 

Our supply chain status quo will not carry us successfully into the future. It's time for us to review, revamp and rebuild.  

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In this Black Swan event, we must collectively “get all our ducks in a row."  As the future unfolds, there will be more events of this type, and it is up to each one of us to ensure that we and our supply chains are prepared for the future.  The world’s future, quite literally, depends on it. 

In the coming weeks, our "Supply Chain Recovery" blog series will explore:

  • Background: How and why did we get into our current supply chain situation?
  • Current Condition: What are the problems we need to solve?
  • Goals and Targets: Where do we need to go, and how will we get there?
  • Analysis of Obstacles: What is in our way and how do we correct it?
  • Proposed Countermeasures: How do we remove obstacles to solve our problems? What is the benefit of each countermeasure and who do we need to implement them?
  • Plan: How we will implement each countermeasure? How will we know we are successful?
  • Follow Up: What we will do in the future to ensure that we stay on track? How we will adjust to new conditions?
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The most important items in this discussion will be you and your supply chain.  Our purpose is to spark thoughts and actions on making our supply chains stronger and more resilient than ever before. The success of yourself and your enterprise depends on it.  We can no longer look at things the way that they were and expect that the status quo will get us to where we need to be in the future. 

Before the next post in this series, we hope you will take a few moments to reflect on your own supply chain with the following two questions:

  1. What are the guiding principles of my supply chain?
  2. What wastes lay hidden in areas such as: inventory, transportation, space and facilities, time, packaging, administration and knowledge within my supply chain?

As Winston Churchill once said: "Success is the ability to continue to move through total disaster."

Until next time...

Posted by Chris Luery

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Executive at LeanCor Canada Inc.

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