Jin Zhuanglong, China’s new Minister for Industry and Information Technology is creating a plan that (if successful) will stabilize the country’s supply chain as Chinese economic growth slows. It’s no secret that China has faced their share of supply chain woes over the past few years. It started with the Covid-19 pandemic in 2020 as many countries became frustrated with the manufacturing powerhouse as they were unable to keep up with the supply and demand of Personal Protective Equipment (PPE) like N95 masks and gloves.

The beginning of a new year is always the start of new challenges. It can be not easy to know where you want to go and the efforts that you need to put in for success. In the supply chain, it is difficult to put things in order and start a new year on a high note considering the events of the end year. As such, you need to develop concrete plans that will help you out of the confusion you are in and assist you make better decisions. Here is how you can build a strategic plan to propel your supply chain strategy.

The alignment of an organization is a crucial factor that organizations need to consider for success in their supply chain operations. When the right organizational model is matched to the business model, culture, operations, strategy and management, great benefits will be attained by the organization. The supply chain structure should highlight the groups, processes and functions needed to move products from production facilities to end users. Effective supply chain management is crucial in allowing an organization a competitive advantage, especially with high competition.

The Covid 19 pandemic has changed the way we look at the supply chain industry. Prior to the pandemic many organizations headquartered in America opted to manufacture products overseas as both materials and labors were cheaper.