Originally published by 12 O’Clock High on the Compliance Podcast Network, hosted by Tom Fox.
In this engaging episode, Tom Fox welcomes back James Gellert, Executive Chairman of RapidRatings and Chair of Advisory Board at LogicSource.
They are to discuss the evolution of supply chain risk management post-COVID. They delve into how the pandemic accelerated existing initiatives, highlighting the increased focus on using data and new technologies to enhance supply chain resiliency. Gellert emphasizes the shift from ‘just in time’ to ‘just in case’ strategies, the heightened importance of managing indirect suppliers, and the impact of current inflationary pressures on middle-market and private companies. They also explore the critical role of communication between supply chain executives, board members, and shareholders in navigating these complexities. The discussion underscores the need for more proactive engagement from all stakeholders to manage supply chain risk effectively.
