Supply Chain Challenges

While semi-annual engagement reflects a commitment to supply chain oversight, the limited frequency of discussions may hinder the board’s ability to maintain alignment, adapt to market shifts, and make timely decisions. Given today’s dynamic environment, more consistent attention is essential to ensure supply chain resilience and competitiveness.

 

Possible Negative Effects

• A supply chain strategy functions as a roadmap, guiding operations, resource allocation, and risk management. Reviewing it only semi-annually may limit responsiveness to evolving market conditions.

• Long gaps between reviews can create disconnects between strategic objectives and daily operations, causing inefficiencies, misalignment, and potential missed opportunities.

• Inflexible oversight may impair the organization’s ability to anticipate disruptions, adapt to change, and maintain stakeholder confidence.

 

Recommendations for Improvement

• Remind board members of their responsibility to actively review and approve supply chain strategies more regularly to ensure stronger governance and timely responsiveness.

• Engage external consultants or advisors with supply chain expertise to strengthen risk management, scenario planning, and adaptation to best practices.

• Invest in continuous education and training for board members, focusing on emerging trends, resilience-building strategies, and innovative supply chain management practices to enrich strategic discussions.

 

How We Can Help

• Deliver tailored training to enable board members to effectively review, challenge, and approve supply chain strategies.

• Provide specialized recommendations and mitigation measures to anticipate disruptions, identify opportunities, and enhance resilience.

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