Supply Chain Disruption Definition
Supply chain disruptions can be defined as any event or occurrence that interrupts the flow of goods, information or services within the supply chain. Disruptions can occur at any stage of the supply chain, from raw materials procurement and production, to warehousing and distribution. A disruption can be caused by a number of factors, including natural disasters, political unrest, cyber-attacks, and even severe weather conditions.
While a supply chain disruption can have a serious impact on businesses, it is important to note that not all disruptions are created equal. Some disruptions may only cause a minor inconvenience, while others can completely derail operations and lead to significant financial losses. In order to effectively manage supply chain disruptions, it is important to first understand the different types of disruptions that can occur.
