Supply Chain Resilience

Written by Admin | Nov 13, 2024 8:31:47 AM
Recent global events have highlighted the vulnerability of complex supply chains to disruption. Diversifying suppliers, increasing visibility through technology, and building strategic inventory buffers enhance resilience. Regionalization and nearshoring strategies reduce dependence on distant suppliers. Digital twins and predictive analytics help model potential disruptions and test response strategies. Balancing efficiency with resilience requires reevaluating traditional supply chain optimization approaches.