PowerPoint presentation
The Impact of Data Driven Operations on Supply Chain COVID-19
Tammy Holcombe Keiser University Operations Management
Review of Current Literature
Many organizations have faced closures, down-sizing, and creating remote work positions.
Leadership has started measuring transformational transparency.
Organizations dramatically accelerated digital transformations. From remote teamwork and learning to sales and customer service, to critical cloud infrastructure and security.
Organizations need better visibility and the ability to pivot quickly when a crisis arises. Organizations need to use data in smarter ways to spot disruption sooner, accurately gauge its impact, and make intelligent decisions about alternative sources of supply.
Solutions to the Problem
The creation of a vaccine for Covid-19 is the top solution.
The creation of efficient, nimble operations and data is the key to unlocking productivity.
Clear, prompt and transparent communications both internally and externally.
Maintain regular contact with suppliers regarding their capability to deliver goods and services, and work out recovery plans.
Acquire real-time data for real-time insights.
Encourage suppliers to digitize.
Recommendations
Ensuring reliability becomes an especially important issue in the extreme conditions of the organization’s functioning.
Creating organizational reliability in three areas, human resources (HR), information technology (IT), and management (MGT), as they are considered critical components of organizations that can foster its reliability both separately and in relation to each other.
Having better visibility and better transparency to ensure better data.
Data governance policies and processes to make visibility simpler, easier, and more accessible throughout the enterprise.
Prepare for the future.
References
Bieńkowska, A., Tworek, K., & Zabłocka-Kluczka, A. (2020). Organizational reliability model verification in the crisis escalation phase caused by the COVID-19 pandemic. Sustainability, 12(10), 4318. doi:http://dx.doi.org/10.3390/su12104318
Schrage, M. (2020). Data, not digitalization, transforms the post-pandemic supply chain. Cambridge: Massachusetts Institute of Technology, Cambridge, MA. Retrieved from https://search.proquest.com/docview/2428156533?accountid=35796
Tamr launches "data can help" solutions to drive operating efficiencies and support supply chain challenges during COVID-19 pandemic: By combining its data mastering proficiencies with the latest COVID-19 outbreak data, tamr provides global organizations with unique insights to manage and optimize their supply chain and spend data. (2020, Apr 21). PR Newswire Retrieved from https://search.proquest.com/docview/2392372603?accountid=35796