Get ready for the rebound…

This is an excerpt of the original article. It was written for the March-April 2021 edition of Supply Chain Management Review. The full article is available to current subscribers.

March-April 2021

Last night, my wife and I shared a socially distanced bonfire with a few friends. One was a retired physician who is spearheading the vaccination effort in the small New Hampshire city where I live. New Hampshire has had its challenges getting needles into arms like everywhere else, but it seems as if we’re breaking through the log jam. For example, between week 1 and week 3, they’ve tripled the number of people they can vaccinate in a day, and they’ve expanded from five days a week to seven days a week. At least for now, there has not been a shortage of vaccines. I know there is a long way to go, but you can feel it picking up speed. Call me…

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Last night, my wife and I shared a socially-distanced bonfire with a few friends. One was a retired physician who is spearheading the vaccination effort in the small New Hampshire city where I live. New Hampshire has had its challenges getting needles into arms like everywhere else, but it seems as if we’re breaking through the log jam. For example, between week 1 and week 3, they’ve tripled the number of people they can vaccinate in a day, and they’ve expanded from five days a week to seven days a week. At least for now, there has not been a shortage of vaccines. I know there is a long way to go, but you can feel it picking up speed.

Call me an optimist, but I believe the same holds true for the economy. Yes, segments such as travel, leisure and hospitality are struggling, and the job market for many remains weak. But look a little deeper, and there’s good news. The Congressional Budget Office, for instance, is projecting 3.7% economic growth for the first quarter; the outlook overseas is even better. The Fed doesn’t see a return of inflation through 2023. For the supply chain, I believe its full speed ahead.

So, what comes next? That’s a question we attempt to answer in this issue of SCMR. We lead off with an interview with Torsten Pilz, Honeywell’s chief supply chain officer, and a former leader at SpaceX and Amazon. Honeywell was the recipient of SCMR’s Resiliency Award for 2020. Pilz spoke to us about digital transformation at Honeywell, and how he and his team are positioning the supply chain for the future.

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