Deploying the Right Capabilities to Strengthen Operational Performance and Resilience
Most companies believe they have better than average supply chain resilience. However, when put to the test with a disruption – natural disaster or man-made – it becomes clear that not all supply chains are created equal. Best-in-class organizations leverage real-time intelligence from their ecosystem of networked global trade partners to realize superior supply chain visibility and agility.
A research study by the MIT Forum for Supply Chain Innovation and PricewaterhouseCoopers titled “Supply Chain and Risk Management” identifies and explores the four levels of supply chain maturity:
Level 1: Reactive supply chain management
Level 2: Internal supply chain integration with planned buffers
Level 3: Collaboration across extended supply chain network
Level 4: Dynamic supply chain adaptation and flexibility
Are you a best in-class organization… or still playing catch-up? To what extent has your supply chain risk management program been put to the test? What are you doing to ensure that your supply chain can adapt fast enough to minimize the impact of disruptions?