BUILDING RESILIENCY FOR THE NEXT BIG SUPPLY CHAIN INTERRUPTION
Supply chain resilience continues to be the headline story of 2021, in the orthopedic medical device industry as well as across industries. As we look to the post-COVID period, what has the orthopedic industry learned about managing complexity, forecasting, sourcing, risk, and supply chain resiliency?
This is a key question, as supply chain disruption is certainly not behind us. After all, while COVID created challenges, other threats loom, including natural disasters, macroeconomic changes, shifts in regulation, and counterparty issues like material shortages and supplier planning, according to research from the McKinsey Global Institute.