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What is supply chain resiliency?

IBM Supply Chain Blog

According to Geraint John , Vice President Analyst with the Gartner Supply Chain practice, “Supply chain executives overwhelmingly recognize the necessity to make their networks more resilient and agile.” In this blog, let’s explore best practices that drive supply chain resiliency with this definition at the core.

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See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

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Mastering Agility and Resilience in Your Supply Chain

SCMDOJO

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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Mastering Resilience in Your Supply Chain

SCMDOJO

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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2021 Supply Chain and Inventory Management Trends

EazyStock

Let’s look at the impact of each of these trends and see how you can incorporate them into your supply chain for 2021. Supplier diversification is a key component for supply chain resilience. Supplier Diversification. Focus on eCommerce. Consumers are now used to fast and free shipping. trillion by 2023.

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Reshoring vs Nearshoring: Key Differences and Business Benefits

Planergy

Lets look at a comparison of business benefits: Cost Efficiency: Savings on shipping and reduced supply chain risk can help offset the higher labor expenses associated with reshoring. Supply Chain Resilience: Reshoring eliminates global transport uncertainties and provides complete control over production.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience.