COVID-19 has perhaps created a small window of opportunity for Australian manufacturing business to shift their gaze beyond our local markets and see the world of opportunity. Global success requires a robust global supply chain. Prological can assist with business cases development, supply chain design, commercial modelling, and project implementation
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As a result of the failures of the Just-in-Time environment, supply chains need to increase their flexibility and agility to ensure their future success.Improving flexibility and agility can be achieved by carrying out the following activity.
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Our optimisation process typically delivers 10-30% in savings to our clients across an array of supply chain sizes and complexities.
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The International Labour Organisation's (ILO) estimate before Covid-19, was that there are approximately 46 million people living in modern slavery in the world today. With 60% of those in forced labour and two-thirds of those living in the Asia-Pacific region, Australians have inadvertently been benefitting from Modern Slavery for many years in our supply chains and operations.
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We've compiled some potential adaptation strategies for your supply chain.
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Following the impacts of COVID-19, Prological has strongly advised that businesses now be well advanced in mapping their supply chains (get the details here). This process assists in identifying compromised supply lines (international and domestic), understanding new or temporarily elongated lead times, points of failures and developing alternative supplier arrangements.
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