It's okay if your Supply Chain broke because of COVID-19. But it's not okay if you were surprised. Even with vast amounts of resources there is no way to completely safe guard against supply chain interruptions. It is going to take strategy, collaboration, and likely investment to create a resilient supply chain. It takes active management to identify and weigh the risks.
- Each organization has their own level of risk tolerance, know what yours is
- Collaborate with key stakeholders outside of the Supply Chain
- Turn risk management from event management to process management