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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 be caused by factors such as natural disasters, political unrest, trade disputes, or disruptions in transportation networks. These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities.

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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. Often, backup inventory and garden-variety expediting measures can ensure that the supply chain maintains continuity. Source: James B.