Lessons for Resilience
Consider how to secure and recover supply chains, and to prepare them for a post COVID-19 world
Topic:
Infrastructure
Keywords:
Supply chain and logistics
Content:
The resilience of construction and infrastructure is highly dependent on reliable, flexible and sustainable supply chains. Learning from the impacts of COVID-19 has identified three key phases for building supply chain resilience. Consider how to:
Secure the supply chain - immediate steps
- Rapidly assess levels of inventory and resource capacity against immediate/emerging demand
- Analyse a range of tactical scenarios and secure essential resources needed to maintain operations
- Evaluate existing relevant contract clauses such as those covering insurances and payment
Recover the supply chain - steps to be taken next
- Refresh business continuity management plans e.g. tested home working, wellbeing protocols, emergency command/control structures
Prepare the supply chain for a post COVID-19 world
- Embed resilience e.g. Has risk increased? Is the supply chain intact?
- Build resilience through
- keeping redundancy (e.g. increasing stocks, spare capacity, supply competition);
- creating resistance (e.g. automation);
- improving recovery (e.g. rapid response protocols)
- Map strategic supply chains to identify possible points of failure in future shocks e.g. an emergency or second wave
- Implement 'smart' forecasting, analytics, and cloud-based systems that provide advanced prediction and indicate disruption
Source link(s):
-
Saudi Arabia,
United Arab Emirates
https://www.arcadis.com/