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McKinsey:How has the pandemic changed the way your organization views supply-chain risk and resilience? Dirk Holbach:Our framework isn’t super complicated. From the system and process angle, we look at three different enablers: people and visibility, redundancy, and flexib...
focusing on the case of COVID-19 to ensure resilience of the food supply chain. The study emphasises on the complexity theory of fuzzy set Qualitative Comparative Analysis (fsQCA), to establish a result-driven definition of Industry 5.0 (I5.0)...
Supply chain resilience can be achieved by focusing on sustainable practices. Sustainability reduces costs in the longer term and creates a positive brand image for the business. Companies can achieve significant benefits in the yard by improving the efficiency of their operations, vehicles, and machin...
Purpose This study analyzes the role of supply chain ambidexterity (SC-Ambidexterity) in developing supply chain resilience (SC-Resilience). We describe SC-Ambidexterity as a simultaneous application of supply chain adaptability (SC-Adaptability) and supply chain alignment (SC-Alignment) capabilities. We...
It is highly possible that the current trade-off relationship between efficiency and resilience will be substantially eliminated. The use of digital technology enables global supply chain to be reimagined and rebuilt. For example, the introduction of small-lot production is made possible by digital te...
It is highly possible that the current trade-off relationship between efficiency and resilience will be substantially eliminated. The use of digital technology enables global supply chain to be reimagined and rebuilt. For example, the introduction of small-lot production is made possible by digital te...
The truth is that investing in supply chain resilience is now a critical business imperative. But the path to success is not always clear. Strategies involving new technologies were relatively unpopular among manufacturers, with 62% of businesses having yet to make any new investment in supply ...
In the report“Reinventing enterprise operations,” Accenture determined that 90% of business leaders are applying AI to tackle aspects of operational resilience, which spans data-driven capabilities, such as finance (89%) and supply chain (88%), to experimentation withgenerative AI. ...
Sourcing critical parts from multiple vendors may increase supply-chain resilience; if that is not possible, semicos could stockpile essential components and materials to guard against future disruptions.While such measures may keep production moving, they also raise costs...