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Supply chain resilience is "the ... Recent studies and data have examined how the European Union firms responded to significant supply chain disruptions caused by the ...
WASHINGTON (Reuters) -U.S. President Joe Biden on Friday issued an executive order formalizing a White House council on supply chain resilience and mandating a comprehensive report by the end of ...
Supply-chain risk management is aimed at managing risks in complex and dynamic supply and demand networks. [1] (cf. Wieland/Wallenburg, 2011)Supply chain risk management (SCRM) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".
Ernst conducted research on supply chain resilience, especially in the context of unpredictable disruptions such as the COVID-19 pandemic and geopolitical risks. His studies, conducted with scholars like Morris Cohen and Hau Lee, have provided frameworks for companies to enhance their operational flexibility and adaptability during crises. [2]
Supply chain disruptions have always been a part of global trade. However, a new report from HSBC highlights how companies in the current market are increasingly exposed to unexpected global events.
Supply-chain disruptions are on the rise. ... Don't Tell’ era of supply-chain management is over and companies now realize it's going to be safer for them to understand their supply chain than ...