What is supply chain resilience?

[Good-Person]

Supply chain is one of the most important things out there in the business world. However, there may come a time when the supply chain may get interrupted. Supply chain resilience is a kind of system that may allow supply chain process to run smoothly. So, what is supply chain resilience?

 

[glitch]

I would say just having an understanding market wants and needs and budgeting ahead of competitors makes a big difference. You want to make sure your supply chain serves the people without cutting too many costs.

 

[Good-Person]

I would say just having an understanding market wants and needs and budgeting ahead of competitors makes a big difference. You want to make sure your supply chain serves the people without cutting too many costs.

Supply chain is one of the main things that run the economy. In case if the supply chain gets interrupted, then thing could go really wrong. Economy may also suffer and there could be a huge shortage of products. This is why supply chain resilience is a very important thing that should be considered.