For years we have been guiding our clients to continuously evaluate their outsourcing decisions in light of changing business conditions. The original imaginary accounting numbers do not tell the whole story over time. In most analyses, these individual sourcing decisions are both spot on and dead wrong. However, based on fully loaded ownership cost models and other relevant factors, these decisions can be impacted dramatically in an instant as we are all observing today.
The present COVID 19 pandemic will drive all organizations to rethink and radically restructure/reinvent their global supply chain strategies. The combination of changing business dynamics, outsourcing assumptions, evolving digitization technologies, repatriation and national security interests, and the disastrous and unforeseen consequences of our current situation radically changes the global supply chain game of the future. What do you think?
