Supply Chain Resiliency and the Need for Stress-Tests
The largest supply chain risk is hidden in unexpected places: Are you ready for the Next Disruption?”
We will cover four key areas:
- Risks are hidden in unexpected places.
- Assumptions about risks being associated with certain geographies or certain sized suppliers often prove to be wrong.
- A supply chain can be highly resilient and highly unaffordable so the pinpointing the right places to invest in capacity, flexibility, or inventory positioning is critical.
- A data analytics approach that combines time-to-survive and time-to-recover concepts allows companies to stress test their supply chain and is critical for making the right risk mitigation decisions.