In the face of increasing constraints and complexities, it is more important than ever to reassess the risks your organization faces and to prepare for any circumstance. Download this white paper to learn how design and analytics can better equip your organization to understand and prepare for any risk scenario and to give it the flexibility and readiness it needs to weather unforeseen disruptions ahead.
Existing supply chain management practices are insufficient to create supply chain resilience
Download this white paper to learn:
- Why most supply chains are susceptible to high-impact-low-probability (HILP) incidents
- How to evaluate, rank, and prioritize risks and how to determine the implications of risks in the supply chain
- What type of response your organization should take to mitigate this risk
As companies face an increasingly complex world, supply chain leaders must face the reality that traditional supply chain risk management practices will need to evolve.
But with a clear understanding of supply chain risks, what resilience means in today’s world, companies can quickly understand supply chain risk, choose optimal responses, and recover faster when disruption does occur. Understanding and planning for risk, is an essential step in building an adaptive supply chain.
“Modern supply chain networks are complex, and their components are highly interdependent. Resiliency and risk analyses – and the selection of effective responses to identified risk scenarios – must be supported with advanced analytics.”