oboloo Glossary

Supply Chain Resiliency

oboloo Glossary

Supply Chain Resiliency

Supply Chain Resiliency is a business concept focused on the longevity of an organization’s supply chain systems. It involves strategies and plans to ensure that an organization can remain operational and competitive when faced with challenges, such as natural disasters, economic changes, or geopolitical issues. Through Supply Chain Resiliency, organizations can identify potential risks and develop mitigation strategies to reduce their impact on operations. By taking proactive measures to analyze and improve their supply chain system, organizations are better able to adapt to changing circumstances, improving their long-term success.