Euro 2020 Football Teamwork’s lesson learned for Supply Chain

How many times have you witnessed an overambitious player intend to runs into the goal alone but then kicks the ball out of play? Well, it happens quite often. Teamwork is vital, you should pass the ball to someone who cooperates to help to reach the goal. Similar to the business, the ability to work as a team is a significant skill that successful teams have.

In the supply chain environment, visibility across the supply chain including your partners, suppliers, contract manufacturers, and third or fourth-party providers is crucial. If you know what your supply chain partners are capable of and understand the characteristics of your supply chain ecosystem, you can adapt to the market changes quickly as the collaboration works more efficiently.

Utilizing this visibility requires agility. Being able to identify the disruptive events quickly, and understanding the potential impact in the business enables supply chains to run in an agile and competitive manner. With an agile action and clear visibility, supply chain planners can develop strategies to mitigate the risks before they turn into problems.

Source: https://www.forbes.com/sites/sap/2021/07/12/what-can-soccer-teach-us-about-supply-chain-planning/amp/