Building A Performance Culture In Today’s Supply Chain
Covid disrupted supply chains like never before. As the industry rebuilds, success hinges on one thing—a performance culture. Learn how leadership, recognition, and purpose can restore supply chain strength.
The past three years have been unprecedented within the supply chain; where in the past, the supply chain had been a strength of the country, it is now challenged in multiple facets.
Let’s look at what happened.
Covid was the catalyst. Covid brought with it many headwinds for the supply chain.
First, the shutdowns were caused by both outbreaks and the wonderful phrase “abundance of caution”. These caused the supply chain to get out of sync, for starters.
Second was the Government giving away money, which resulted in workforce participation going to extremely low levels.
Third, the baby boomers retired. This was the largest team of supply chain workers ever.
And lastly, work-from-home or hybrid jobs became much more desirable than working in the supply chain on-site.
When you combine all these together, the supply chain needs to rethink and recreate itself.
What will it take to rebuild the supply chain?
It starts with building a culture that wants to work in the supply chain, and increasing wages is just a piece of that. There are a few key aspects of creating the right culture for resiliency and performance excellence in the supply chain. They are detailed below:
Staffed, Stable…
Create an account to continue reading
Create AccountAlready have an account? Sign in
Need an expert in this space?
Talk to an Industry Expert
Knowledge Ridge connects decision-makers with carefully vetted subject matter experts for one-on-one calls, research sprints, and advisory engagements — across 11 sectors and 163 sub-industries globally.
Comments
No comments yet. Be the first to comment!