In a recent report, AmCham Member McKinsey & Company explains how retail can adapt supply chains to win in the next normal.
The US retail sector is facing one of the most challenging times in recent memory. For discretionary retailers, the headwinds are especially strong given considerable uncertainty driven by competitive dynamics, concerns over consumer confidence, and heightened demand for last-mile delivery.
It’s increasingly clear the pandemic has materially changed US consumer behavior, perhaps permanently, with many retailers looking to alter their supply chains to compete in the next normal. According to McKinsey, better supply-chain management could be critical to their recovery.
To read the full report, please visit their website here.
