Supply chain resiliency

Whether it is a global pandemic or a fire in a warehouse, the supply chain constantly faces disruptions. Many of these disruptions cannot be avoided or prevented, but there are ways to handle them and stay on track. What is supply chain resiliency? Supply chain resiliency is a term used to describe a supply chain’s ability to stay consistent and recover from any disruptions it may experience. Examples of these disruptions are operational risks that could cripple a supply chain if not addressed and managed. A resilient supply chain is structured in line with modern supply chain processes and…