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.
Related Terms: Cyber Resilience, Data Resilience, Digital Resilience, Relational Resilience, Supply Chain Resilience, Technology Resilience, Operational Resilience.