Energy Sector Case Study "The Utilities Future - Supply Chain Logistics" Post COVID-19
- Jan 31, 2021 1:41 pm GMT
This item is part of the Special Issue - 2021-01 - Predictions and Trends, click here for more
This article examines emerging energy sector supply chain management issues of the utilities industries, United States and Canada, in the COVID-19 world.
Key Words: Energy Sector; The Utility Industry, Supply Chain Management and Operations Management.
Utilities are essential for our livelihood. The survival of individuals and communities depend on the steady, safe and reliable supply of electricity. The utility companies across North America even though prepared to respond to major events were greatly challenged by the COVID-19 pandemic. Protecting their workers and supplier’s workforce was priority realizing the pandemic would impact supply chains over a protracted period. Energy Industry experts cautioned that utilities supply chains would see a variety of disruptions that could impact their ability to support the generation and delivery of electricity. The utility executives through the functional workers responded over the past months well and will need to respond to the pandemic as winter approaches. Their efforts to manage the pandemic are notable. Utilities are keeping the lights on is clear however, the new utility normal will come from the pandemic lessons learned. As we manage our way through the COVID-19 it is expected that the future utility business models will be transformed by changing their level of sophistication wanting their supply chains to more adaptable and more resilient while energizing us.
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