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Mission Assurance reaches across the enterprise, supply base, business partners, and customer base to enable customer success. [1] The ultimate goal of Mission Assurance is to create a state of resilience that supports the continuation of an agency's critical business processes and protects its employees, assets, services, and functions ...
Business continuity planning life cycle. Business continuity may be defined as "the capability of an organization to continue the delivery of products or services at pre-defined acceptable levels following a disruptive incident", [1] and business continuity planning [2] [3] (or business continuity and resiliency planning) is the process of creating systems of prevention and recovery to deal ...
A company using the TSM methodology is meant to be able to establish a framework of focus points, metrics and feedback loops in order to elevate risk management from a non-core objective to an essential business function. This process includes establishing and creating a compliance management plan, implementing operational processes, evaluating ...
For a long time, the interpretation of resilience in the sense of engineering resilience prevailed in supply chain management. [1] It is implied here that supply chain is a closed system that can be controlled, similar to a system designed and planned by engineers (e.g. subway network). [5]
Supply-chain risk management is aimed at managing risks in complex and dynamic supply and demand networks. [1] (cf. Wieland/Wallenburg, 2011)Supply chain risk management (SCRM) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".
Supply chain resilience has been identified as an important business issue. The United Kingdom's Confederation of British Industry reported in 2014 that a significant number of businesses had reshored parts of their supply chain to European locations, with many identifying supply chain resilience as "a key factor in their decision to do so". [47]
These researchers systematically reviewed the case study literature on HROs and illustrated how the infrastructure of high reliability was grounded in processes of collective mindfulness which are indicated by a preoccupation with failure, reluctance to simplify interpretations, sensitivity to operations, commitment to resilience, and deference ...
ISO 22301 is an international standard for business continuity management systems.It was developed in March 2012 by International Organization for Standardization.The goal of the standard is to specify requirements to plan, establish, implement, operate, monitor, review, maintain and continually improve a documented management system to protect against, reduce the likelihood of occurrence ...