Supply Chains: To Build Resilience, Manage Proactively
The COVID-19 pandemic was the most powerful and effective threat to global chains in 2020, according to the Supply Chain Resilience Report of 2020. Surpassing previously known threats like trade sanctions, natural calamities, and cyber warfare combined. KEY TAKEAWAYS Understanding Supply Chain Resilience and its Role in Supply Chain How Resilience Minimises the impact of Disruption Skills to create supply chain resilience What is Recovery Phase and How Supply Chain Return to Full Operations After Disruption Key Capabilities When Building Resilience Supply Chain Resilience Strategies Breakdowns in the supply chain can now adversely impact your business's very existence. The supply chain is a complex network and the involved dangers, such as natural catastrophes, accidents, economic sanctions, and cyber warfare that are rising in frequency and intensity due to this complexity. That is the reason, resilie...