Strategies To Create More Resilient Supply Chain Turningcloud Strategy no. 1: inventory and capacity buffers. buffer capacity is the most straightforward way to enhance resilience, whether in the form of underutilized production facilities or inventory in excess of safety stock requirements. the challenge is that buffers are expensive, and supply chain leaders may have a hard time justifying them to the c. To achieve supply chain resilience the following are important tenets: rapid detection, response, and recovery. supply chains need to be able to quickly detect, respond to, and recover from.
Building A Resilient Supply Chain During Uncertainty Xcelpros Designing an integrated nerve center. in this stage, three actions can be critical to building resilient supply chains: creating a nerve center for the supply chain, simulating and planning for extreme disruptions, and reevaluating just in time strategies. create a nerve center to consolidate organizational responses. Global supply chains continue to buckle following a multitude of shocks including the covid 19 pandemic, geopolitics, climate induced disruptions, and the war in ukraine. while the outlook remains uncertain, organizations can take action to mitigate risk and build toward a more resilient future. Real world supply chain resilience. the covid 19 crisis has been a wake up call for supply chain managers. for years, companies have focused on eliminating redundancy in sourcing to reduce fixed costs and promote efficiency. greater efficiency, however, came at the expense of diminished flexibility and effectiveness—a tradeoff the pandemic. A recent mckinsey article 1 examined three value chain approaches that can address this supply chain gap —simulations of reality, optimization of plans, and real time control tower monitoring (see sidebar, “how analytics supports different planning approaches”). here, we examine the second approach in more detail, as it ranks among the.
Comments are closed.