Are you 'Ready to Run'? How to manage COVID-19's impact on European Operations and Supply Chains
The COVID-19 pandemic has sent shockwaves throughout global communities, dislocating international supply chains and forcing operations to safely close down or to run and operate under new regimes. As a result, with revenues falling, organisations globally have rightly focused on pivoting to cash and business continuity actions. We call this phase ‘Keeping Fit.’
When the world opens up for business again, the inevitable ‘gold rush’ and competition for people, skills, services, raw materials and supply chain support will be a new effect of the crisis.
As we enter this new phase, organisations should consider implementing rapid actions focused on how to start up efficiently without wasting the business continuity actions they have already taken to stay fit. Managing the migration from ‘Keeping Fit’ to ‘Go’ will be vital in returning to a sustainable business model.
Is your organisation 'Ready to Run'?
Based on our operational and industry experience, we have developed a rapid end-to-end operations and supply chain health check, which determines how fit your organisation and operations are to return to a sustainable running condition, as well as providing a clear actionable roadmap to being ready.A&M’s ‘Ready to Run’ approach supports the organisation across our four key stages pinpointing the critical aspects of operations that should be resolved, improved, or changed whilst preparing to start back up and returning to ‘normal’.
Our model illustrates our concept of:
- Moving from crisis management during the lockdown phase ‘Keep Fit’
- To ‘On Your Marks’, assessing the end-to-end business landscape and identifying risk averse measures and contingencies
- To ‘Get Set’, the deep diving on a site-by-site basis and layering in contingencies
- And finally, moving into the ‘Go’ phase, resulting with the In-Play Strategy which will likely introduce ongoing strategic changes
