After the unexpected global COVID-19 crisis, every business, big and small, faced disruptions to its supply chain. Numerous challenges and rapid changes in production and shipping caused entrepreneurs to look for more adaptable and practical solutions to keep their businesses operating smoothly.
SCG International, an international supply chain solutions provider, stood by its partners through the crisis, helping to change their way of thinking and manage the supply chain to be more flexible. With that new way of thinking and operating, many of those businesses are now able to adapt to any unexpected situation and weather a crisis.
What Is Supply Chain Resilience?
As we all know, the world faced a severe COVID-19 pandemic in 2020. Many cities worldwide were on lockdown, people were not allowed to leave their homes; and as a result, consumer behavior has changed, affecting product distribution with a 149% increase in online shopping on the previous year.
In addition to product distribution, there were also difficulties with raw material procurement from suppliers due to the reduction in international shipping and more dependence on domestic products. Countries that export agricultural products, Thailand included, had to deal with oversupply that couldn’t be distributed as usual. Resilient supply chain management, therefore, was implemented in response to this change to help re-stabilize the supply chain.
A resilient supply chain is the degree to which businesses can quickly respond to unexpected disruptions through flexible planning and forecasting, from the process of raw material procurement and logistical planning to the delivery of products to consumers. It changes a business’s mindset to be more adaptive, exploring alternatives and systematically connecting the operation to solve problems in a timely manner.
Why Supply Chain Resilience Matters to Businesses Today
The advantages of supply chain resilience include the following:
The Role of Technology
Shifting to a resilient supply chain effectively requires technology and innovation, such as:
International Supply Chain Solutions
from SCG International
SCG International is a leading international end-to-end supply chain service provider that can increase the efficiency of your supply chain. We help minimize the risks of unpredictable circumstances to pave the way to supply chain success for our partners. We help you to prepare for any crisis in product and resource procurement by implementing these key principles:
Resilience Supply Chain Case Study
SCG International, as a leading supply chain company in Asia, helps our partners create a resilient supply chain so they can be worry-free in the case of unexpected situations like export issues or natural disasters. We create Business Continuity Management (BCM) plans to support every situation.
We have over 40 years of experience providing global supply chain solutions. We are experienced in implementing resilient supply chain solutions to help our partners’ businesses run smoothly in any situation.