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Building resilience: Getting the supply chain back on track through uncertain times

Author

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  • Kuppuswami, Viswanathan

    (Zumen Inc., USA)

Abstract

The Oxford English Dictionary defines resilience as the ability to recover and bounce back after significantly pressing life events with long-lasting impact. The past three years have been among the most turbulent since the Great Depression of the 1900s. But in a more connected world, where socioeconomic conditions are co-dependent on a global supply chain, the way companies look at disruptions has to be different. Come what may, supply chains must be well oiled to keep the intricately connected cogs of the global machinery running. And for that organisations must be prepared to anticipate and tackle issues that come their way or seek out opportunities that make them less vulnerable to supply chain upsets. In other words, they must work on being more resilient than ever before. This paper takes a deep dive into how continuous global adversity has affected organisations and their supply chains and how they can learn from these events to be prepared yet agile for the way ahead.

Suggested Citation

  • Kuppuswami, Viswanathan, 2023. "Building resilience: Getting the supply chain back on track through uncertain times," Journal of Supply Chain Management, Logistics and Procurement, Henry Stewart Publications, vol. 6(1), pages 6-13, September.
    • Handle: RePEc:aza:jscm00:y:2023:v:6:i:1:p:6-13
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    More about this item

    Keywords

    supply chain; procurement; disruption; resilience; strategy;
    All these keywords.

    JEL classification:

    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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