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Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World

The Logistics & Supply Chain Management Society

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Despite the destruction and disruption caused by the natural disaster, Toyota had established alternative sourcing options and backup production facilities, enabling it to resume operations swiftly.

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Molex Prizes Agility

Logistics Viewpoints

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The data from Infor Nexus also helps the transportation teams do better carrier sourcing. Further, historically Molex had a focused sourcing strategy.

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Reflective Thinking: Complexity

Logility

Source: Dictionary.com. According to Gartner’s August 10, 2010 report, SKUs are Driving Complexity Into Your Supply Chain and Profitability Out of Your Bottom Line”, supply chain executives often cited item proliferation as a top driver of complexity. com-plex-i-ty [k uh m- plek -si-tee].

Gartner 100
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Supply Chain Resilience Core Capacities

MIT Supply Chain

For example, the 2010 Eyjafjallajökull volcano eruption in Iceland caused a primary loss of freight transportation capacity, but that loss also robbed many companies of supply capacity. Source: James B. The matrix describes the general nature of disruptions, and in most cases depicts mainly local impact areas.