Supply Chain Resilience
1. Supply Chain Resilience is having the capability to resist, avoid and the ability to quickly recover from the impact of a supply chain disruption.
Note (1): is the ability of a supply chain network to withstand disruption and minimize the effects of upheaval on revenues, costs and customers. Note (2): is the ability of an organisation to quickly react to and recover from supply chain disruptions without significant impact on the production or shipment of products.
Source: Wikipedia
Related Terms: Cyber Resilience, Data Resilience, Digital Resilience, Relational Resilience, Supply Chain Resilience, Technology Resilience, Operational Resilience.
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