The driving drum beat in the popular rock tune “The Chain” by Fleetwood Mac is reminiscent of production’s TAKT time drum beat set by customer demand. When a company’s demand or supply is disrupted, the disorganized supply chain might sound like a band without a beat. Disruptions such as COVID-19 reinforce that disrupting events occur more frequently, tend to last longer, and result in greater loss than most companies assess during traditional risk assessments. Disruptions make abundantly clear the need for accelerated information for rapid responses, resiliency, and optionality in the supply chain.
If recent global disruptions are affecting
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