{"id":9496,"date":"2021-05-20T09:37:54","date_gmt":"2021-05-20T16:37:54","guid":{"rendered":"https:\/\/www.qad.com\/blog\/?p=9496"},"modified":"2022-02-23T15:18:47","modified_gmt":"2022-02-23T23:18:47","slug":"qad-tomorrow-overcoming-supply-chain-disruption","status":"publish","type":"post","link":"https:\/\/www.qad.com\/blog\/2021\/05\/qad-tomorrow-overcoming-supply-chain-disruption","title":{"rendered":"QAD Tomorrow: Overcoming Supply Chain Disruption"},"content":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;9499&#8243; img_size=&#8221;full&#8221;][vc_column_text]<span style=\"font-weight: 400;\">A <\/span><a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2020\/10\/01\/2102234\/0\/en\/New-Report-Illustrates-Severity-of-COVID-19-Impact-on-Global-Supply-Chains-Risk-of-Further-Disruption.html\" rel=\"noopener\"><span style=\"font-weight: 400;\">recent survey<\/span><\/a><span style=\"font-weight: 400;\"> showed that the COVID-19 pandemic negatively affected 48% of respondents\u2019 supply chains. 44% reported extended order fulfillment times and increased supplier prices. 25% reported bankruptcy of suppliers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2020, air freight costs from China to the US increased 81%. A 2021 winter storm in Texas stopped 80% of chemical production affecting the majority of the US&#8217; supply of plastic polymers. The blockage of the Suez Canal delayed the movement of $400 million of trade goods every hour.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More than 40% of business leaders admitted they would not be able to understand the potential impact of a disruption event on their supply chain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Does this sound familiar? Of course. These are just some of the headlines from recent disruption around the world. However, we know that for manufacturers, it\u2019s more than just headlines that matter for your business. That\u2019s why we hosted our thought stream event, QAD Tomorrow, to dive deeper behind the headlines. On May 19, we were joined by global manufacturers for QAD Tomorrow, focusing on the timely topics of improving supply chains and supplier relationships.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Tomorrow Overview<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Here\u2019s what Tomorrow explored:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">QAD customers, INEOS Automotive and ANCA, shared recent challenges in strategic sourcing, managing supplier relationships and navigating disruptions in complex, global supply chains.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Industry experts highlighted some supply chain challenges that manufacturers are facing, across industries, and the best practices for overcoming them in the areas of supply chain planning, transportation management, quality, sourcing and supplier management.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">We shared a complimentary diagnostic assessment designed to help manufacturers measure the state of their current supplier relationships and identify ways to quickly optimize supply chains.<\/span><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<strong>We encourage you to <a target=\"_blank\" href=\"https:\/\/www.qad.com\/tomorrow2021-namer?utm_term=qadtmrw&amp;utm_source=sp&amp;utm_medium=blog&amp;utm_campaign=corp-us-tomorrow21&amp;utm_content=sp-blog\" rel=\"noopener\">view a recording<\/a> of the thought stream now.<\/strong><\/p>\n<h2><span style=\"font-weight: 400;\">What\u2019s Next?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Our thought stream was only the beginning of assessing supply chains and supplier relationships.<\/span> <span style=\"font-weight: 400;\">As a next step, we\u2019re offering complimentary access to the <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/integrated-supplier-management-diagnostic\" rel=\"noopener\"><span style=\"font-weight: 400;\">Integrated Supplier Management diagnostic<\/span><\/a><span style=\"font-weight: 400;\"> assessment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Answer 12 quick questions about your strategic, tactical and operational supply chain planning and execution and receive a customized report that can help you identify quick wins and lead your organization to master the balance between supply chain efficiency, agility, risk and resilience &#8212; without tradeoffs.<\/span>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;9499&#8243; img_size=&#8221;full&#8221;][vc_column_text]A recent survey showed that the COVID-19 pandemic negatively affected 48% of respondents\u2019 supply chains. 44% reported extended order fulfillment times and increased supplier prices. 25% reported bankruptcy of suppliers. In 2020, air freight costs from China to the US increased 81%. A 2021 winter storm in Texas stopped 80% of chemical production [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":9500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[182,2045],"tags":[1309,348,490,1374,697,1333,1342,29,1340,179,92,1343],"class_list":{"0":"post-9496","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-featured","8":"category-supply-chain-trends","9":"tag-adaptive-manufacturing-enterprise","10":"tag-best-practices","11":"tag-change","12":"tag-diagnostic","13":"tag-disruption","14":"tag-integrated-supplier-management","15":"tag-online-event","16":"tag-qad","18":"tag-risk-management","19":"tag-supply-chain","20":"tag-thought-stream"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QAD Tomorrow: Overcoming Supply Chain Disruption | QAD Blog<\/title>\n<meta name=\"description\" content=\"View the QAD Tomorrow 2021 thought stream replay. Evaluate supply chain &amp; supplier relationships with a complimentary 12-question diagnostic.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.qad.com\/blog\/2021\/05\/qad-tomorrow-overcoming-supply-chain-disruption\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QAD Tomorrow: Overcoming Supply Chain Disruption | QAD Blog\" \/>\n<meta property=\"og:description\" content=\"View the QAD Tomorrow 2021 thought stream replay. Evaluate supply chain &amp; supplier relationships with a complimentary 12-question diagnostic.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.qad.com\/blog\/2021\/05\/qad-tomorrow-overcoming-supply-chain-disruption\" \/>\n<meta property=\"og:site_name\" content=\"QAD Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/QADerp\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-20T16:37:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-23T23:18:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.qad.com\/blog\/wp-content\/uploads\/2021\/05\/5_20_2021_B.png\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Alex Kemp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@QAD_Community\" \/>\n<meta name=\"twitter:site\" content=\"@QAD_Community\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alex Kemp\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption\"},\"author\":{\"name\":\"Alex Kemp\",\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/#\\\/schema\\\/person\\\/6cde01f5f6aab48ae36e263cc4950430\"},\"headline\":\"QAD Tomorrow: Overcoming Supply Chain Disruption\",\"datePublished\":\"2021-05-20T16:37:54+00:00\",\"dateModified\":\"2022-02-23T23:18:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption\"},\"wordCount\":393,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/5_20_2021_B.png\",\"keywords\":[\"Adaptive manufacturing enterprise\",\"best practices\",\"Change\",\"Diagnostic\",\"disruption\",\"Integrated supplier management\",\"Online event\",\"qad\",\"QAD Tomorrow\",\"risk management\",\"supply chain\",\"Thought stream\"],\"articleSection\":[\"Featured\",\"Supply Chain\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption\",\"url\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption\",\"name\":\"QAD Tomorrow: Overcoming Supply Chain Disruption | QAD Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/2021\\\/05\\\/qad-tomorrow-overcoming-supply-chain-disruption#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.qad.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/5_20_2021_B.png\",\"datePublished\":\"2021-05-20T16:37:54+00:00\",\"dateModified\":\"2022-02-23T23:18:47+00:00\",\"description\":\"View the QAD Tomorrow 2021 thought stream replay. 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