Can logistics assist in dealing with volatility and uncertainty ?

An article in American Global Logistics titled “The Logistics Industry in 2021: Using strategy to deal with volatility and uncertainty” (December 11, 2020) describes adaptability, responsiveness and resilience as key features of logistics systems, enabling “adapting to winning”. The article suggests form supply chain partnerships, flexible fulfillment, supply chain diversification and a focus on business continuity. How should logistics systems deliver these capabilities while also remaining cost competitive ? Should logistics systems have multiple versions that synchronize with customer willingness to pay ? How should performance metrics adjust to encourage such strategies ?

About aviyer2010

Professor
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