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Five Lessons from Automakers on Navigating Supply Chain Disruptions

Five Lessons from Automakers on Navigating Supply Chain Disruptions

Absolute resilience is unrealistic, but adaptability and pragmatism can help companies deliver what customers need and outflank the competition.

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Five Lessons from Automakers on Navigating Supply Chain Disruptions
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This article originally appeared on HBR.org.

As the frequency and magnitude of supply chain disruptions continue to grow, it would be understandable if business leaders’ first instinct is to respond by trying to correct every single flaw or mistake, no matter what it takes, so each disruption never happens again. But it’s becoming increasingly clear that a 100% resilient supply chain is unattainable. Rather, pragmatism and adaptability are proving far more effective.

This is the approach that a number of automakers are embracing. Now, as businesses in every industry reorient their supply chains to boost resilience, the strategic ways the automotive sector has responded to recent supply chain shocks hold lessons for all companies.

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