Supply chain design solutions: Learning from the Covid-19 realities

Learning from the Covid-19 realities, government and industry can re-assess their supply chain risks and determine supply chain design solutions that will deliver the most resiliency in the event of another large-scale disruption. Through Covid-19 there was more focus on possible adoption of digital approaches and introduction of a new system to electronically process information.

Another industry practitioner emphasised the importance of these tools in sustainable procurement,“It’s also about value creation. It’s about driving better outcomes whole of life outcomes, reducing operational costs, providing value for money, making sure that we’re prepared for things like shocks and stresses”.

Key levers including developing reliable, transparent, and local supply chains, leveraging innovative tools and digital engineering approaches, creating a coalition between government and industry, integrating Modern Slavery Act and procurement guidelines, and assessing risks at multiple-levels emerged through the focus group discussions.

Source: https://thefifthestate.com.au/business/investment-deals/sustainable-procurement-what-we-learned-from-covid-19/