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Supply Chain Disruptions or Minor Inconveniences?

Logility

Can you anticipate and properly plan for once in a lifetime events like last year’s Icelandic volcano, and the earthquake and subsequent tsunami earlier this year in Japan? Instead of specific plans, supply chain organizations need to look at increased flexibility and modeling the capabilities of their entire network.

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Supply Chain Disruptions or Minor Inconveniences?

Logility

Can you anticipate and properly plan for once in a lifetime events like last year’s Icelandic volcano, and the earthquake and subsequent tsunami earlier this year in Japan? Instead of specific plans, supply chain organizations need to look at increased flexibility and modeling the capabilities of their entire network.

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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. Rapid advancements in technology, globalization, and the interconnectedness of markets have amplified the frequency and magnitude of supply chain disruptions.

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Molex Prizes Agility

Logistics Viewpoints

While not completely protecting them from the supply shocks that occurred during the pandemic, it allowed them to respond to their customers with greater speed and agility, manage costs, and provide options when a supply chain disruption occurred. Further, historically Molex had a focused sourcing strategy.

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Supply Chain Resilience Core Capacities

MIT Supply Chain

The matrix describes the general nature of disruptions, and in most cases depicts mainly local impact areas. However, in global supply chains, a local disruption can quickly escalate into a global impact. Disruption comparison matrix?—?Source: Source: James B. and company responses to them?—?have