Robustness, flexibility and resilience posted on 2008-04-28 by revised on: a resilient supply chain is impacted, but it is able to come back to where it was. 5 announcements 6 contributors 8is it time to review your supply chain design substantial fuel price increases, coupled with increases in driver pay, may prompt many. The growth and complexity of global supply chains 2 key aspects of supply chain resilience 4 building resilience in supply chains case study 1. Building resilient supply chains using supply chain and traditional risk management and insurance techniques by kp sapna isotupa school of business & economics. Supply chains today are complex and global, and for many are regularly disrupted, often opaque and increasingly regulated coupled with the megatrends of accelerating. Supply chains have become global and highly complex building and maintaining a resilient supply chain is crucial for businesses in a fast-changing world. Christopher craighead, michael h and laura l rothkopf early career professor of supply chain & information systems, and coauthors kaitlin dunn, a phd.
These tips will give companies speed, responsiveness and competitive advantage when they face market volatility. Resilience is at the heart of current supply chain management thinking, and understanding the concept, and where to invest in resilience, can lead to supply chains. This collection of research addresses the new realities of today's supply network to help position supply chain executives for success in 2011 and beyond use it to. Supply chains in almost every industry have become more vulnerable to disruption sometimes these disruptions are caused by unexpected events such as earthquakes. Resilient supply chains in a time of uncertainty an economist intelligence unit report sponsored by oracle.
Watch episode 2 of off the cuff, with mike meierkort, livingston's vice president of international freight and transportation services in this episode. Following on from our earlier study into supply chain vulnerability (see below), a second larger study entitled ‘supply chain resilience’ commenced in 2002. The state of sustainable supply chains - ey. Using our innovative software, we can map your supply chain and visualise options for reducing risks.
What do people say about you when you leave the room. It's winter in the northern hemisphere, and it's freezing throughout most of the continental united states i'm always struck by how weather patterns not only affect. Integrated approaches to supply chain management have done much to improve the efficiency of inter and intra-organisational supply chain networks. By planning for disruption from natural disasters, cisco systems improved its supply chain resilience.
The new resilient automotive supply chain recognizes the need for collective, rather than sequential, risk management and facilitates collaboration on the new scale. Risk and the resilient supply chain 141 in terms of bias functions within the organization and changing perspectives of spe-cialized companies, the term supply chain.
Building a resilient supply chain by yossi sheffi t hreats to your supply chain, and therefore to your com-pany, abound—natural disasters, accidents, and. 4 strategy& executive summary supply chain risk has steadily grown as companies have increased their reliance on outsourcing and sole sourcing while simultaneously. Resilient supply chains farmers & food industry tackle the shared challenge of climate change cornwall suite, grand connaught rooms 19 october 2015 | london, united.
The bci supply chain resilience report, in association with zurich, has been a comprehensive resource for business continuity, supply chain management and resilience. A supply chain is a system of organizations a resilient supply network should align its strategy and operations to adapt to risk that affects its capacities.