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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 resilience is "the capacity of a supply chain to persist, adapt, or transform in the face of change". [42] For a long time, the interpretation of resilience in the sense of engineering resilience (or robustness) [43] prevailed in supply chain management, leading to the notion of persistence. [42]
A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
WASHINGTON (Reuters) -U.S. President Joe Biden on Friday issued an executive order formalizing a White House council on supply chain resilience and mandating a comprehensive report by the end of ...
The resilience of a supply network is the ability to bounce back – and, in fact, to bounce forward with speed, determination and precision. In recent studies, resilience is regarded as the next phase in the evolution of traditional, place-centric enterprise structures to highly virtualized, customer-centric structures that enable people to ...
Resilience (organizational), the ability of a system to withstand changes in its environment and still function; Psychological resilience, an individual's ability to adapt in the face of adverse conditions; Supply chain resilience, the capacity of a supply chain to persist, adapt, or transform in the face of change
Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups. [1] [2] It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity.
Days before he retires as chairman of the influential U.S. Senate Foreign Relations Committee, Democrat Ben Cardin acknowledged worries about human rights being less of a U.S. priority during ...