Companies of all types have been affected by pandemic-related supply chain disruptions, but many of the operational challenges they’ve faced over the past 18 months were magnified by the pandemic, not caused by it. Those problems reflect a longstanding and fundamental shortcoming in how companies’ relationships with their product and component suppliers are structured. Even in the absence of black swan events, manufacturers will continue to be at risk until they establish new ways to work with suppliers that ensure full transparency regarding the sources, availability,…
