The coronavirus is not to be taken lightly. As of mid-February, the number of cases worldwide had risen to more than 64,000 globally, 63,000 of which were in China, with the death toll at almost 1,400 and climbing.
Foodborne illnesses can spread quickly. A recent example is that of a batch of listeria-contaminated eggs causing one death and seven reported infections across five states. In many ways, the world of food supply chains is encapsulated in this tragedy. The contamination occurred in a single facility in Gainesville, Georgia, but resulted in products from more than 30 brands being pulled from the shelves and recalled. Grocery chains affected included Trader Joe’s, Costco, Lidl, Walmart and Kroger. Download this report today on how technology will boost transparency in food distribution.
Analyst Insight: The wildly successful social media campaign for Popeyes’ new chicken sandwich — which quickly led to critical supply shortages for the company — is a cautionary tale about the havoc that social media can wreak on supply chains. To avoid squandering opportunities afforded by unprecedented demand, supply chains need to run like well-oiled machines, with collaborative sales and operations planning (S&OP), a finger on the pulse of social media sentiment, best-practice scenario planning, and rock-solid supplier relationships.
Marcus evans Summits has announced Ms. Monica Y. Manning, Assistant Administrator for Procurement, Deputy Chief Acquisition Officer & Senior Procurement Executive at the National Aeronautics and Space Administration, as a speaker at the upcoming 2020 Chief Procurement Officer Summit this May 13-15 at the Ritz-Carlton, Fort Lauderdale in Florida.
The key to fighting the coronavirus outbreak lies in the application of supply-chain management principles, and the creation of a global, end-to-end network for partner collaboration in the healthcare industry.