Three Steps to Prepare Supply Chains for the Next Crisis

Writing in Harvard Business Review , BCG’s Christian Schuh , Wolfgang Schnellbächer , and Daniel Weise outline tactics leaders can employ to anticipate future shocks and build supply chain resilience. Despite warning signs about the likelihood of a global pandemic and a war in Ukraine, businesses were still largely unprepared to withstand the resulting supply chain disruptions. Looking ahead to the next crisis, the authors advise businesses to adopt risk-monitoring operations, simplify their product portfolios, and strategically de-risk their supply chains in hopes of better weathering the storm.