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Diagnosing the Pain In Your Supply Chain
Podcast

Diagnosing the Pain In Your Supply Chain

McKinsey, 2021


Editorial Rating

9

Qualities

  • Applicable
  • Overview
  • Concrete Examples

Recommendation

In The McKinsey Podcast, McKinsey & Company Operations Practice partners Knut Alicke and Dan Swan tell host Roberta Fusaro how the pandemic, labor shortages and the skills gap all exacerbated supply chain issues for US and European companies. This has elevated supply concerns to the CEO level. To address labor and skills shortages, Alicke and Swan advise, businesses must  preemptively redesign their supply scenarios and solutions. They should also work to understand what their employees want and help them learn new, crucial skills.

Take-Aways

  • In addition to high costs, supply-chain executives report labor shortages and significant capability challenges.
  • Supply chain issues come down to “growth versus productivity.”

About the Podcast

Knut Alicke and Dan Swan are partners in McKinsey & Company’s Supply Chain Management Practice and Operations Practice, respectively. Host Roberta Fusaro is McKinsey’s executive editor.


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