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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 sustainability is the management of environmental, social and economic impacts and the encouragement of good governance practices, throughout the lifecycles of goods and services. [1] There is a growing need for integrating sustainable choices into supply-chain management.
Supply chain resilience is "the capacity of a supply chain to persist, adapt, or transform in the face of change". [41] For a long time, the interpretation of resilience in the sense of engineering resilience (or robustness) [42] prevailed in supply chain management, leading to the notion of persistence. [41]
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 ...
[2] [3] A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".
Patagonia has developed a number of programs to ensure sustainability in their supply chain including the Supply Chain Environmental Responsibility Program, which is used to measure and reduce the environmental impacts of manufacturing products and materials at supplier facilities worldwide, [35] and the Material Traceability Program, which is ...
The Supply Chain Resilience Initiative (SCRI) is a trilateral agreement that was launched following a videoconference between trade ministers of India, Japan and Australia on 27 April 2021 during the COVID-19 pandemic. [1] Vulnerabilities in the global supply chain were revealed as a piece to the puzzle in light of reliance on China. For this ...
LARG SCM. LARG Supply Chain Management attempts to put together lean, agile, resilient, and green approaches in supply chain management.Lean supply chain managements aims are to maintain close to zero inventories and reduce work-in-process; Agile goes for quick responses to customer inquiries and market changes while controlling costs and quality; resilience is about reacting quickly to ...