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Five Ways to Avoid, Absorb and Recover from Supply Chain Disruptions

Supply Chain Brain

Supply chain resiliency is the ability of an organization to avoid, absorb and recover from the business impact of disruptions through a risk-balanced approach to product, supply chain strategy and network design.

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Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Risk Management and Mitigation Supply chains face risks like natural disasters, geopolitical events, labor disputes, supplier failures, and cyber attacks. Risk management strategies include supplier diversification, security stock buffers, business continuity planning, and scenario modeling.