Sorry, but your login has failed. Please recheck your login information and resubmit. If your subscription has expired, renew here.
November 2022
Are you resilient? It’s not an idle question. If there’s one word that I’ve heard at every supply chain event I’ve attended this year, its resilience. It is, of course, in response to the last few years in supply chain management. I think its fair to say that supply chains have been knocked to the canvas more times than Rocky. What has become clear as we do our post-pandemic reviews is that the firms that demonstrated the ability to get up off the canvas and keep punching were those that invested in resiliency before the pandemic—even if they didn’t use that term. Browse this issue archive.Need Help? Contact customer service 847-559-7581 More options
Lately, there has been no shortage of supply chain disruptions. Similarly, there’s been no shortage of efforts by supply chain executives to develop strategies to accommodate and overcome these disruptions and increase supply chain resilience. Unfortunately, the disruptions still have the upper hand.
Efforts to develop supply chain strategies for resilience have typically started with surveys to assess what happened and how companies have responded. And this newly collected information typically led to actionable strategies that coped with disruptions. But this time around, effective strategies haven’t been quite so easy to develop. Clearly, there is a need to modify how surveys are designed in the first place to extend their value to supply chain managers. Fortunately, doing that isn’t so difficult.
The unit of analysis gap These surveys usually focus on supply chain resilience based on all of the companies in the sample as the units of analysis. A typical observation would be “x% of all companies regionalize their supply chain.” In some survey reports, industry-specific differences are analyzed. This can lead to interesting insights. However, companies operate within idiosyncratic environments that actually create a need for more specific and differentiated analysis than previously available.
This complete article is available to subscribers only.
Log in now for full access or start your PLUS+ subscription for instant access.
SC
MR
Sorry, but your login has failed. Please recheck your login information and resubmit. If your subscription has expired, renew here.
November 2022
Are you resilient? It’s not an idle question. If there’s one word that I’ve heard at every supply chain event I’ve attended this year, its resilience. It is, of course, in response to the last few years in… Browse this issue archive. Access your online digital edition. Download a PDF file of the November 2022 issue.Lately, there has been no shortage of supply chain disruptions. Similarly, there’s been no shortage of efforts by supply chain executives to develop strategies to accommodate and overcome these disruptions and increase supply chain resilience. Unfortunately, the disruptions still have the upper hand.
Efforts to develop supply chain strategies for resilience have typically started with surveys to assess what happened and how companies have responded. And this newly collected information typically led to actionable strategies that coped with disruptions. But this time around, effective strategies haven’t been quite so easy to develop. Clearly, there is a need to modify how surveys are designed in the first place to extend their value to supply chain managers. Fortunately, doing that isn’t so difficult.
The unit of analysis gap These surveys usually focus on supply chain resilience based on all of the companies in the sample as the units of analysis. A typical observation would be “x% of all companies regionalize their supply chain.” In some survey reports, industry-specific differences are analyzed. This can lead to interesting insights. However, companies operate within idiosyncratic environments that actually create a need for more specific and differentiated analysis than previously available.
SC
MR
Latest Supply Chain News
- Gen AI on Gartner’s Hype Cycle fast track to mainstream adoption
- Disaster supply chains depend on ALAN to get the logistics right
- Integrating inventory into air vs. ocean international transportation modal choice strategies
- Reglobalization drives the modern supply chain network
- Mapping the impact of geographic differences on global supply chain practices
- More News
Latest Podcast
Explore
Business Management News
- Disaster supply chains depend on ALAN to get the logistics right
- Integrating inventory into air vs. ocean international transportation modal choice strategies
- Reglobalization drives the modern supply chain network
- Balanced supply chain management Part 3: Changing how we make decisions
- Join the Real Housewives of Supply Chain, change leaders in exclusive sessions at NextGen Supply Chain Conference
- Global footwear innovator taps 3PL expertise to boost U.S. presence
- More Business Management