Recession or No Recession, Scenario Planning Is Key to a Successful Recovery

Thoughtful, comprehensive scenario planning is key to your organization’s ability to rapidly and profitably respond to whatever shifts in demand the economy throws your way

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Digital Manufacturing Strategies, Analytics, The Labor Shortage and The Leadership Gap

 

Plan on Everything. Be Ready for Anything.

Data and our direct client experience suggest that many U.S. manufacturers are already feeling the effects of an economic slowdown.

Whether or not things will get worse before they get better is a topic of debate among many economists. However, the general consensus is that any impending recession will be mild and short lived, and history shows that companies are more likely to fail in the recovery than in the recession itself.

TBM supply chain experts, Brian Cromer and Ken Koenemann, recommended some actions you can take now to increase agility and ensure a rapid response to get ahead of whatever’s to come.