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Bookmark or Share- What Is Supply Chain Resilience? - IBMSupply chain resilience refers to a supply chain's ability to anticipate, adapt and recover from disruptions, such as natural disasters, pandemics or other unexpected events. Resilient supply chains maintain continuity by minimizing the impact of disruptions and ensuring customer satisfaction.
- What Is Supply Chain Optimization? - IBMAccording to Gartner, the supply chains of the future will self-regulate and take appropriate actions, resulting in an increase and augmentation of the capabilities of humans well beyond what is known today.⁶ Supply chain operators use technologies, such as AI-powered control towers, to provide significant insights into performance, and ...
- What is supply chain logistics? - IBMSupply chain management (SCM) is a broader term that includes supply chain logistics as one of its elements. SCM involves overseeing the entire lifecycle of a product throughout the supply chain process, from the initial sourcing of materials to the final delivery of finished goods to consumers.
- What is supply chain management? - IBMSupply chain managers must have a deep understanding of all parts of the supply chain and strong analytical and problem-solving skills. They might gain this expertise in SCM through university degrees (including master’s of business administration or bachelor’s degrees), certificate programs and experience in the industry.
- What Is Supply Chain Risk Management? - IBMSupply chain risk management (SCRM) is the process of finding and addressing potential vulnerabilities in a company’s supply chain. SCRM aims to minimize the impact of these risks on a company's operations, reputation and financial performance.
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