Tag: #supplychainriskmanagement
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Why Businesses Should be Nimble as Well as Agile
Business agility is broader and more strategic than nimbleness, aiming for sustained adaptability across the organization. Nimbleness focuses on quick and efficient tactical responses to immediate challenges. Both are critical for thriving in dynamic markets in today’s business world. Going back to the ‘Jack and the Candle’ rhyme analogy, the candle can be thought of…
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The Increasing Importance of Nimble Supply Chain Risk Management
Businesses rely on supply chains for sourcing, production, or distribution. The goal of this article is to give an update on the current and emerging challenges with supply chain risk management worldwide. Also, to give an overview of what actions and strategies companies have been taking to deal with these increasing risks.
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AI & Supply Chain Risk Management Overview
One goal of this article is to give an overview of the risk management issues with company supply chains and how AI technologies are impacting it. Another goal is to begin the discussion about mitigations for the unique set of risk management issues associated with today’s supply chains, including emerging risks.
