Max HenryFounder & Executive Director, Global Supply Chain Council (GSCC) · Founder & Executive Director at Global Supply Chain Council (GSCC)

Toyota's Secret to Pandemic Success: Mastering Supply Chain Risks

15 Dec 2023 · 1 min

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In this segment, the speaker highlights Toyota as a standout example of effective supply‑chain risk management during the COVID‑19 pandemic. While many automotive OEMs faced production halts due to a global semiconductor shortage, Toyota avoided such disruptions by actively managing its supply‑risk. The speaker attributes Toyota’s resilience to disciplined, proactive supply‑risk practices that allowed the company to secure critical components and keep its factories running when competitors could not.

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I think a good example of a company which has managed to mitigate the risk much better in the supply chain is actually Toyota. So during the pandemic, we saw a lot of automotive OEMs, they had a lot of production line stoppages because of a shortage of semiconductor components. And the reason why Toyota managed their supply chain much better than any of the other global OEMs during this period is because They properly, uh, manage their supply risk.