Whitepaper: Risk, Resiliency, and Supply Chain Modeling
In the face of ongoing supply network disruptions, 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 whitepaper 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
In a few short months, the COVID-19 pandemic demonstrated what can go wrong when a prolonged disruption causes sudden swings in supply and demand. From the stockout of commodity items like paper products and canned goods to supply shortages and factory shutdowns, many businesses have endured what is perhaps the most challenging single event in the collective memory.
As businesses continue working toward a normal state of operations, the lessons learned from COVID-19 bring about the opportunity for many business leaders to reassess and rethink their approach to risk – especially across the supply chain, where proper preparation can go a long way to driving the appropriate response to a disruptive event.