C-suites and boardrooms recognize how crucial the supply chain function is, which provides an opportunity for CSCOs to push for strategic value in their roles.
What happened
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Why it matters
The pandemic pushed a lot of things to the forefront, including the importance of supply chain. Supply chain professionals, including the role of the chief supply chain officer, are more visible now.
"Those of us in the industry can now explain to our families" what we do, said Elouise Epstein, partner at management consultant company Kearney. "When the news cycle starts talking about cold chain, that's pretty sophisticated stuff.”
Beyond the general public beginning to understand what supply chain does, boardrooms recognize how crucial the function is too. There's "more c-suite attention to the role," said Asoo J. Vakharia, director of the Supply Chain Management Center at the University of Florida Warrington College of Business. This happens after a major disruption to the supply chain, like due to a hurricane or earthquake, but the COVID-19 pandemic is different.
This news brief is based on reporting published by Supply Chain Dive on 2021-04-13. The original report is linked below.
Supply Chain Dive
https://www.supplychaindive.com/news/cscos-supply-chain-importance-strategy-talent/598306/This independent news brief is based on the public source identified above. It is an original summary or translation, not a reproduction of the source article. Rights in source text, research, trademarks and images remain with their respective owners; images are used under the licence or permission identified in the credit. Rights holders may contact rights@goodproductasia.com with evidence of ownership. Verified concerns will be corrected, replaced or removed promptly. This report is not investment, legal, medical or purchasing advice.
