As far as supply chain management is concerned, this is about as bad as it seems. It is an extraordinarily complicated situation. Find out how we can extend our help in this video below:
Related articles on this topic have appeared throughout our websites, why not check them out?
Robobyrne: Supply Chain Disruption: How COVID-19 Stacks up Against SARS
Supply Chain Secrets: COVID-19 Will Ravage Global Economy
Benchmarking Success: Tactics You Should Know To Protect Your Business Health Amidst COVID-19 Crisis
what is the effect of coronavirus on supply chain on industrial companies
Significant. There are lots of articles on our Blog here about the topic and also on our YouTube Channel.https://www.youtube.com/user/robobyrne/
Thanks Rob for your contribution to the logistics and SCM community.
How do you see the relative value prop importance differentiate between 3PL and 4PL vendors on the “backside” of covid-19 (when things are reversing)?
In other words – is there a big business opportunity for 4PLs to deliver more resilient end-to-end supply chains than the 3PL vendors of today – and therefore the 4PLs could perhaps see a higher relative growth in revenue compared to 3PLs? Or is that just nonsense in your view?
I’m sure there is a significant opportunity, though the 3PL and 4PL community is some countries has a long way to go in being proactive and value adding…