Forging Supply Chain Resilience – Ganarajan Govindarajan -CII Elite Member

The COVID pandemic has been a good wake-up call for many- individuals and Corporates alike. The world has possibly not witnessed such a massive downturn since WWII and it has invariably forced nearly every industry to rethink several priorities from a strategic perspective. Structural cost reductions and contract value enhancements have come out to be key levers in putting Corporates back on track and hence Supply Chain as a function has a highly critical role to play in the path back to glory.

Managing the Supply Chain via Logistic Networking by Sumit Wadhawan (SCMPro2018/12/1223)

As markets, technologies and competitive forces are hanging at a very increasing pace, it’s important for the organization to align and adapt to this process. The confusion or inability is bought to the surface when these winds of faced by force field effect from the organization’s rigid mindsets and become complex when they do not have the ability or pace up with the same rate as the market volatility of change.

Virtual Supply Chain (VSC)

A Virtual Supply Chain (VSC) is the informational representation or data visualization of the organization’s physical supply chain network. This includes, though is not limited to manufacturing plants, warehouses along with the supply chain components of the extended enterprise viz. customers, suppliers, logistics providers and so on. Just as a virtual model of an architect’s drawing allows the construction and client teams to walk through a design, a VSC allows the supply chain planners an overall view of the operations with the ability to zoom in on various areas of interest.

Supply Chain & The Boiling Frog Syndrome

Does your Supply Chain suffer from boiling frog syndrome?
Anecdote regarding Boiling Frog Syndrome is widely known. A frog placed in boiling water will certainly jump out. What if the frog is initially placed in cold water and the water is gradually heated up? The results are going to be different.