Source: Using Tech to Build Supply Chain Resilience in a Changing World (entrepreneur.com)
Proper supply chain management is critical to smooth business operation, agility and profitability. Beyond coordination, resilience is a key quality required for supply chain management.
Covid-19 related supply chain disruptions have affected most industries. Vast numbers of companies across the globe experienced troubles during Covid-19, impacting shipment timing, costs, efficiency and revenues. These impacts highlight the importance of building a supply chain that can weather a storm and be capable of quick recovery.