Supply chain adaptability has gained paramount importance in an era of globalization, technological advancements, and unforeseen disruption. The ability of a supply chain to anticipate, adapt, and recover from disruptions is crucial for the sustainability and success of businesses. This article delves into the intricacies of supply chain adaptability, exploring its significance, key components, challenges, …
Supply Chain Resilience: You may not be as resilient as you think
“Companies routinely exaggerate the attractiveness of foreign markets, and that can lead to expensive mistakes.” -Pankaj Ghemawat, Global Professor of Management and Strategy at New York University’s Stern School of Business. Ghemawat’s statement sounds like a round-up of recent supply chain resilience woes at the hands of the COVID pandemic crisis. Yet it comes from …
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