Introduction:

Previously I have introduced Supply Chain Risk Management in 5 Questions (link here). The aim here is to highlight elements of supply chain Risk, Reliability, Resilience and Futureproofing

What does Supply Chain Reliability & Resilience mean?

Supply Chain Reliability is where your supplier or service provider can repeatedly satisfy your purchase requirements. Resilience in very basic terms is how quickly your business can respond to and recover situations or issues (Risks) to the last good part, state, or improved condition, that otherwise could have a real or potential impact on your business operations Continue reading →