Supply Chain
Stephen P. Kaufman: Supply chain managers suddenly will have a much more difficult job
Supply chain managers who previously focused their attention one or two levels down into their supply chains will have to go back to work and develop the systems and discipline to track even more deeply into the chain.
Stephen P. Kaufman is a senior lecturer of business administration.
Willy C. Shih: Supply chain strategy will be rewritten
The biggest losers from the coronavirus [in business] are service industries that have seen their revenues dry up. Airlines, hotels, the travel industry at large, are losing revenue and cash flow that will be difficult to replace. Manufacturers can run overtime and make up for lost production and fill pent-up demand, but services demand is perishable and hard to replace.
This will have knock-on effects on suppliers to those industries as well, like the commercial aircraft manufacturers or the motion picture industry.
Willy C. Shih (@WillyShih_atHBS) is the Robert and Jane Cizik Professor of Management Practice in Business Administration in the Technology and Operations Management Unit.
Source: This article first published Working Knowledge by Harvard Business School
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