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Navigating Uncertainty: A Four-Step Guide for Supply Chain LeadersAre you ready to future-proof your operations? Our paper details a multi-disciplinary effort to enhance resilience. Uncover the four critical steps that will help your business adapt and thrive in the face of uncertainty. |
Resilience is a key focus for executives managing operations and supply chains. This paper presents a four-step methodology for achieving operations resilience and emphasizes the need for a continuous, interdisciplinary effort to build and sustain it. The first step, resilience assessment and analysis, involves conducting a thorough audit to evaluate the company's preparedness and identify any vulnerabilities. The second step centers on pinpointing and prioritizing resilience factors, developing a strategic roadmap that aligns with the company's objectives. The third step, implementing resilience measures, involves executing the strategy with short-term task forces for immediate action and medium- to long-term initiatives for ongoing improvement. The final step is establishing a continuous resilience improvement cycle, which includes ongoing monitoring and refinement of strategies. Drawing on our industry experience and numerous projects aimed at enhancing resilience, this paper also highlights cross-functional strategies for increasing resilience across product design, manufacturing, procurement, supply chain, and cybersecurity. |
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