Photo: erik s lesser/ShutterstockHow should companies manage their supply chains in today’s uncertain environment? The impact of Covid-19 is much bigger, affecting consumer demand as well as supply chains all over the world, and likely to last quite a bit longer. “Given these constraints,” wrote MIT professor Yossi Sheffi, “the words of General Dwight Eisenhower ring true: Plans are useless, but planning is indispensable.”Mr. Sheffi is Director of the MIT Center for Transportation and Logistics. The Economist cites the example of automotive supply chains, 59% of which are already intraregional. Zara’s different apparel lines reach their shops independently, rather than being part of a highly integrated supply chain.

Source: Wall Street Journal May 29, 2020 16:18 UTC