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Full Description
Resilient Supply Chain Management is the ideal guide for professionals and practitioners who wish to incorporate quality management (QM) concepts into their practice to achieve a competitive advantage across all business functions. Today's supply chains face unprecedented risks from trade wars, civil unrest, extreme weather, and volatile market dynamics. Resilience is the ability to stomach these risks without hampering the growth of your business, and resilience in supply chains is essential for a business's survival and continued profitability in uncertain markets.This book teaches readers to re-imagine how they think about supply chain management (SCM) and its role in corporate strategy. The key concepts of digitalization, artificial intelligence (AI), change management, cost-saving, the lean approach to SCM, operations management, and both supply-side and customer-side SCM are explained and developed in terms of building business resilience and optimising the supply chain.The speed with which a business responds to operational disruptions through flexible contingency planning and forecasting determines its ability to overcome — and even gain advantage from — obstacles that may thwart its competitors. Effective, efficient, and resilient supply chain management means designing, planning, executing, controlling, and monitoring the activities of your supply chain in the most economical way possible without sacrificing resistance in the face of uncertainty and operational disruption.
