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1、What Your Organization Can Do About the Supply Chain Crisis2 What Your Organization Can Do About the Supply Chain CrisisIntroductionThe world is facing a supply chain crisis which has ballooned into a global phenomenon.Economies are facing rampant inflation,goods are unable to make it to shelves,and

2、 an impending hunger crisis is facing developing nations.The way that manufacturing and global trade has worked for over 70 years is now facing near unprecedented disruption and upheaval.While organizations are taking steps to solidify their supply chains,more must be done to ensure that goods can m

3、ove without facing issues in the future.What are supply chains?A supply chain is the entire network of manufacturers,transporters and raw goods providers that make up the creation and distribution of a single product all the way to its end user.Most things today are made and shipped due to incredibl

4、y complex management processes.In the modern world,materials and finished products are shipped around the globe to be used and moved to their next step.Supply chains and their continued smooth operation are the underpinning of the modern economy and critical to keep it functioning.3 What Your Organi

5、zation Can Do About the Supply Chain CrisisThe Global Supply Chain CrisisThere are currently a series of crises which are facing the global supply chain so much so in fact that supply chain management,a field which has long been relegated to anonymity,has exploded into the public eye.COVID-19 was th

6、e start of a long series of unfortunate events which have tested supply chain practitioners and the general public alike.It caused a series of staffing crises,shut down factories globally and caused cascading issues in inventory that are still being felt today.1While the pandemic continues to hurt t