what is the relationship about supply chain resilience and supply chain vulnerability

Introduction

Supply chain resilience (SCRES) and supply chain vulnerability (SCV) are critical concepts in supply chain management, especially in the context of global disruptions. SCRES refers to the ability of a supply chain to adapt to and recover from disruptions, while SCV denotes the susceptibility of a supply chain to such disruptions. Understanding the relationship between these two concepts is essential for developing effective supply chain risk management strategies.

Key Insights

Impact of Risk Management on Resilience and Vulnerability:
- Effective supply chain risk management (SCRM) and knowledge management enhance SCRES by improving flexibility, visibility, velocity, and collaboration, thereby reducing SCV .
Balance Between Vulnerabilities and Capabilities:
- SCRES can be assessed by balancing vulnerabilities and capabilities. The optimal "Zone of Resilience" is where this balance is achieved, leading to long-term profitability.
Pseudo Resilience:
- Some supply chains exhibit "pseudo resilience," where they appear to manage risks well but are actually vulnerable due to overlooked risks. Identifying and addressing these traits is crucial for true resilience.
Dynamic Capabilities and Integration:
- Tighter integration between supply chain echelons and increased flexibility are key to achieving SCRES. Perceived supplier risks motivate managers to enhance these capabilities, although external risks can sometimes reduce the effort to deploy external capabilities.
Mapping Framework for Resilience:
- A mapping framework can help identify current operations and transition states in supply chains, highlighting points of vulnerability and improving resilience to disruptions.

Conclusion

The relationship between supply chain resilience and vulnerability is intricately linked through effective risk management, balancing vulnerabilities and capabilities, and dynamic integration practices. While some supply chains may exhibit pseudo resilience, true resilience is achieved through continuous improvement in flexibility, visibility, and collaboration. Identifying and addressing vulnerabilities through structured frameworks and dynamic capabilities is essential for building robust and resilient supply chains.

What is the relationship about supply chain resilience and supply chain vulnerability

Summary

Introduction

Key Insights

Conclusion

Sources and full results

Supply chain resilience in the global financial crisis: an empirical study

Supply chain resilience (SCRES) and knowledge management positively impact supply chain vulnerability (SCV) by improving flexibility, visibility, velocity, and collaboration capabilities in a disruptive risk event.

ENSURING SUPPLY CHAIN RESILIENCE: DEVELOPMENT OF A CONCEPTUAL FRAMEWORK

The Supply Chain Resilience Framework assesses resilience in terms of vulnerabilities and capabilities, aiming to find the optimal balance for long-term profitability.

Pseudo resilient supply chains: concept, traits, and practices

Pseudo resilience in supply chains occurs when companies pretend to perform better in risk management but are essentially vulnerable, highlighting the need for managers to identify these traits to avoid disruptions and their effects.

Supply chain capabilities, risks, and resilience

Tighter integration and increasing flexibility in supply chains lead to increased resilience, with supplier risk motivating managers to enhance integration capabilities.

A mapping framework for assessing Supply Chain resilience

The proposed mapping framework can improve supply chain resilience to disturbances, identifying current operation and potential transition states, and identifying points of vulnerability.

Supply Chain Resiliency: A Review

This paper explores the concept of supply chain resiliency, highlighting the importance of flexibility, velocity, visibility, and collaboration, and explores the relationship between risk and profitability.

Supply chain management, between resilience and sustainability: A literature review

This paper explores the literature on supply chain resilience and sustainability, aiming to build a theoretical framework for addressing the increasing vulnerability of businesses in turbulent business environments.

Building the Resilient Supply Chain

This paper explores the importance of creating resilient supply chains, addressing supply chain vulnerability, and addressing the challenges of managing and mitigating supply chain risk in uncertain markets.

Supply chain resilience: a benchmarking model for vulnerability and capability assessment in the automotive industry

Iranian automotive companies should resist vulnerability factors and embrace adaptability, flexibility, and security to achieve greater resiliency in their supply chain.

A Conceptual Framework to Manage Resilience and Increase Sustainability in the Supply Chain

This paper develops a conceptual framework for managing resilience in supply chains to increase sustainability, integrating economic, environmental, and social dimensions into strategic objectives.

Try another search