How An Organization Manages Resilience In Brief

To Briefly Explain How An Organization Manages Resilience In A Supply

To briefly explain how an organization manages resilience in a supply chain. (200 words essay) 1. Use key materials, other books, and articles to understand the theoretical foundation. 2. Explain the key concepts: resilience, flexibility; by linking the theoretical foundation with these real-life cases or examples. 3. You could provide a framework (e.g., figure, picture, etc) that include the key concepts as a diagram. 4. Be sure to include citations in the text and referencing list by following Harvard style. : 4 references

Paper For Above instruction

Supply chain resilience is a critical capability that enables organizations to withstand, adapt to, and recover from disruptions. Theoretical foundations emphasize the importance of flexibility, redundancy, and agility as core components of resilience (Ponomarov & Holcomb, 2009). Flexibility refers to an organization's ability to adapt its operations swiftly in response to unexpected events, such as natural disasters or supplier failures (Sheffi & Rice, 2005). Redundancy involves maintaining excess capacity or inventory to buffer against disruptions, while agility is the capacity to reconfigure supply chain processes rapidly (Christopher & Peck, 2004). Empirical studies demonstrate that firms that invest in diversified supplier networks and flexible logistics systems are better equipped to manage disruptions (Craighead et al., 2007). For example, during the COVID-19 pandemic, companies like Dell quickly re-routed supply sources and adjusted production schedules, illustrating practical resilience strategies. To visualize these concepts, a framework can be depicted as a diagram showing the interplay between flexibility, redundancy, and agility, forming a resilient supply chain ecosystem. Effective management of supply chain resilience integrates these components to ensure continuity and competitiveness in volatile environments.

References

• Christopher, M. & Peck, H. (2004). Building the resilient supply chain. The International Journal of Logistics Management, 15(2), 1-13.
• Craighead, C. W., Blackhurst, J., Rungtusanatham, M. & Handfield, R. B. (2007). The severity of supply chain disruptions: design characteristics and mitigation capabilities. Decision Sciences, 38(1), 131-156.
• Ponomarov, S. Y. & Holcomb, M. C. (2009). Understanding the concept of supply chain resilience. International Journal of Logistics Management, 20(1), 124-143.
• Sheffi, Y. & Rice, J. B. (2005). A supply chain view of the resilient enterprise. MIT Sloan Management Review, 47(1), 41-48.