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What is Supply Chain Resilience

Chapter 12

Handbook of Research on Driving Socioeconomic Development With Big Data

this term refers to attempts by management to mitigate the supply chain risks associated with distribution in demand and delivery. Such disruptive events, especially with supplies under stress dur to the Covid-19 pandemic and high inflation, allows strategies to develop proper preparation in dealing with disruptive events.

Published in Chapter:

Technical and Resilience Aspects of Agility Supply Chain Management Policies and Practices: Suggested Approaches

Alan D. Smith (Robert Morris University, USA)

Source Title: Handbook of Research on Driving Socioeconomic Development With Big Data

DOI: 10.4018/978-1-6684-5959-1.ch012

Abstract

Essentially all large global businesses are facing intense competition not only domestically, but also internationally. In the current economy, the customers are expecting better products at lower prices, higher service levels within shorter response time, all in a highly inflationary environment. Through a review of the business literature and a brief case study on 2 large global firms in the Pittsburgh, PA area, the connection by evaluating different variables, including supply chain competencies, resilience, agility, and purchasing management, this chapter reviews supply chain technologies, concerns, and their successfully implementations.