Building Resilient Australian Supply Chains
Orchestrated resilience is pivotal to thriving in an increasingly unknown future.
As glaringly exposed by the 2020 pandemic, supply chains are increasingly complex and fragile.Supply chain executives must design resilient networks capable of rapidly and effectively responding to everchanging business circumstances, including supply shortages, resource limitations, demand fluctuations and logistical delays. This requires the ability to continuously monitor the supply chain for disruptions, track inventories over the entire supply network and assess upstream suppliers and downstream customers to evaluate and respond to risk.
This is no easy feat. Resilience can only be achieved by fully embracing digital technologies and data analytics, allowing the supply chain to be connected, visible, integrated, intelligent and agile.
What is supply chain resilience?
The ability of an organisation’s end-to-end supply chain to absorb, adapt and recover from a disruptive event.