Good supply chain strategy: It improves visibility through IT
infrastructure, optimum end-to-end supply chain cost, improve
customer service levels and flexibility for business strategy and
future growth.
Due to COVID-19 What should be the good supply chain strategy
for personal protection equipment are as follows:
- Since the outbreak of COVID-19, there is a great demand for
personal protection equipment like masks, gloves, hand sanitizer,
gowns, etc.
- In this scenario, it is an urgent need to remove supply chain
disruption to meet a sudden large increase in demand.
- Important export of raw material should not be banned in order
to combat this disease, ask from local manufacturers to increase
the production and sale of this equipment.
- Work closely with existing suppliers while diversifying the
supply base.
- Invest in protective gear for supply chain workers and
communicate via apps to manage time, availability and safety.
- Manage panic buying situations while taking on a responsible
retailer role.
- Create contingency plans for different demand
environments.
- In the short term, companies should work with their existing
suppliers to create a business continuity
- Technologies that provide inventory visibility across the
distribution network (eg. distribution centers, stores, vendors,
third-party providers, and wholesale inventory) offer major
benefits for flexibility and transparency to serve customers in the
best way possible given supply limitations.