Restarting the economy and manufacturing operations after COVID-19 requires more than just reopening doors. To help government and industry leaders prepare for life after COVID-19, Jim Tompkins, founder and chairman of Tompkins International, has released a new playbook titled "Restarting the Economy: Guidance for Public and Private Leaders."
Tompkins playbook explores the impacts of COVID-19 on global supply chains and provides the strategies and processes required to successfully restart business operations and the economy.
Tompkins, who boasts more than 45 years of supply chain experience, talks about how restarting the economy and business operations requires more than just reopening store doors. He explains how companies fall into four different categories based on business performance and industry standing leading up to and during the COVID-19 pandemic, and the specific steps and strategies each category must pursue to restart -- or in some cases, cease -- operations post COVID-19.
"While we would all like to believe we can go back to the way things were and resume 'business as usual,' it's not that simple," said Tompkins. "The COVID-19 pandemic has fundamentally changed life as we know it, and businesses -- and the government -- need to be prepared for what will become the 'next normal.'"
The playbook is the latest release in a series of COVID-19 Resources developed by Tompkins and other company executives that focus on the impacts of the coronavirus, successful supply chain reinvention strategies and other related topics to help businesses flourish in times of VUCA -- volatility, uncertainty, complexity and ambiguity -- such as COVID-19 and the rise of digitalization.
To read the playbook, click below.