When Hurricane Sandy hit the East Coast of the United States in 2012, it caused widespread damage and left millions of people without power. Retailers in the area were forced to close their stores, and many lost significant amounts of revenue. This serves as a perfect example of why retailers need to take steps to shock-proof their supply chains.
In this infographic, based upon the blog post created by McKinsey & Company titled Ten steps retailers can take to shock-proof their supply chains, we will discuss 10 steps that retailers can take to make sure their supply chains are prepared for any type of disaster.
By following these steps, retailers can minimize the impact of Supply Chain shocks and keep their businesses running smoothly.
Do you have any other tips for shock-proofing your Retail Supply Chain? Let us know in the comments!