September-October 2020, Paper: "The COVID-19 pandemic exposed the vulnerabilities in the production strategies and supply chains of firms everywhere. Coupled with a rise in economic nationalism, manufacturers everywhere are going to be under pressure to rethink their sourcing and logistics strategies. They need to analyze their risk exposures, and then think about how to improve their resilience. They should look beyond just relocating supply, towards harnessing process innovations and revisiting some of the trade-offs between product variety and flexibility."
Non-HKS Author Website - Willy Shih