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Showing posts with the label Lag effect

Wave effect of Covid - 19 on Supply Chain - Wave 3

Supply Chains have experienced the Wave 1 (http://blog.think-spark.com/2020/04/wave-effect-of-covid-19-on-supply-chain.html )& Wave 2 (http://blog.think-spark.com/2020/04/wave-effect-of-covid-19-on-supply-chain_14.html) impact of Covid-19. The delayed impacts of various nodes of Supply Chains leading into next waves of impact will commence here onward. Futuristic statements dampening the negative ramification of the event probably will be vociferously communicated with balancing pessimistic outlook statements. In my opinion making any forecasts can only make astrology be a respectable profession. Hence let those be made by the people who have to live off those professions. We are in the middle of Wave 3 & Supply Chain professionals need to only model the events which have occurred so far & navigate the Supply Chain going forward. The importance of being able to connect the various events into a logical analysis will be the key for most of the Supply Chain Professi...