How to Build Resilient Supply Chains in the Face of Disruptions
Building resilient supply chains is crucial for businesses to navigate through disruptions successfully. Strategies such as diversifying supplier networks, strengthening communication, investing in technology, developing risk management strategies, enhancing flexibility and agility, and continuously monitoring and improving contribute to building resilience. By embracing these strategies, businesses can mitigate the impact of disruptions, ensure continuity, and maintain a competitive edge in an unpredictable business landscape.