The Temple of Supply Chain Resilience
Building a resilient supply chain is increasingly important for all organizations. It is however something that cannot be done overnight. It involves all areas of the business and requires an effective strategy and will impact on everything from product and service design to the cultures required within the business. If you are concerned about risk & vulnerabilities in your supply chain build the “Temple of Supply chain resilience”, this blog (and video) briefly outlines how to build this temple.
Classification of the Sources of Supply Chain Risk and Vulnerability
Our research at the Cranfield School of Management, sponsored by the UK Department for Transport, into the origins of supply chain risk and vulnerability identified the following dimensions of risk in the supply chain – these can be divided into external and internal ‘drivers’. The external drivers are demand side, environmental and supply side risks. The internal drivers are process, control and mitigation/contingency. This post will discuss these in more detail.........
Professor Richard Wilding is interviewed and quoted by "Procurement Leaders Magazine" on "After the flood - lessons from Thailand". How good is your supply chain risk management?
Professor Richard Wilding OBE - Supply Chain & Logistics Expert | Professor at Cranfield School of Management | Consultant |Author | Speaker | Researcher | Trainer
Innovating the Global Supply Chain