Bain: CPG and Retail Companies' Supply Chain Modifications
U.K., Oct. 21 -- COVID-19 did a number on the global retail and consumer goods supply chains. You probably knew that already, though. The fact of the matter is, our global supply chain networks have been a little lacklustre in quality, these past few years, and the pandemic exposed several critical shortcomings and left a myriad of companies in a panic. When I say, "panic", I mean to say that companies, big and small, were scrambling to identify and invest in innovative solutions that would both save them in the short-term and ensure their survival in the long-term. Many failed; some succeeded. Whichever pile your business ended up on, senior executives and management figures must now put a new level of importance on supply chain strategy, ...
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