Building the Resilient Supply Chain
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2004-07-01
SCID: 54.1/hhe99v3k
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global sourcinglean supply chainsresilient supply chainsupply chain risksupply chain vulnerability
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Abstract (AI)
In today's uncertain and turbulent markets, supply chain vulnerability has become an issue of significance for many companies. As supply chains become more complex as a result of global sourcing and the continued trend to “leaning‐down”, supply chain risk increases. The challenge to business today is to manage and mitigate that risk through creating more resilient supply chains.
Key Findings
1
Global sourcing and continued efforts to reduce inventories and resources increase supply chain complexity and risk.
2
Supply chain vulnerability has become increasingly significant for companies operating in uncertain and turbulent markets.
3
The central business challenge is to manage and mitigate supply chain risk by developing more resilient supply chains.
Research Object
Supply chain
Research Subject
vulnerability, risk management, and resilience of supply chains under market uncertainty and complexity
Publication Details
Publication Date
2004-07-01
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