February 11, 2020
Coronavirus causes disruption in high-tech supply chainsLLamasoft CEO Razat Gaurav discusses the disruption of the global high-tech supply chains caused by the coronavirus.
“This is a wake-up call for companies thinking about designing a supply chain. Risk and resiliency need to be part of the design,” Gaurav said. “Companies that have not fully thought through the details could be in trouble. Many companies have business continuity plans for earthquakes and floods (in China) but the alternative facilities were also in China.”
“One immediate thing we are looking to do, is to create a war room at LLamasoft for our customers that will provide additional support and resources. A lot of our customers are looking to update their March contingency plans right now,” said Gaurav.
Read the full article published in Forbes.
LLamasoft's solutions are helping leading companies develop contingency plans for supply chain disruptions. Learn more about how the company can help determine the ideal supply chain design to balance risk against cost, service and other business trade-offs.