RESEARCH OPPORTUNITIES IN SUPPLY CHAIN RESILIENCE

Date
2024-05
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University of Delaware
Abstract
Supply chains are an integral part of our everyday lives, and their importance has only increased as they expand globally. Global disruptions from the COVID-19 pandemic brought the importance of supply management to the front and center of the world’s attention. Recent research has focused on the concept of supply chain resiliency as an important factor in preventing and minimizing the impact of supply chain disruptions. However, scholars and practitioners alike have yet to agree on a common definition or implementation strategy for supply chain resiliency. This thesis explores the state of the literature regarding supply chain resiliency to arrive at a comprehensive definition of supply chain resilience, explain its importance in managing supply chain risks, describe the pillars of supply chain resilience, and the implications of implementing resilience for large firms and small to medium enterprises alike. Finally, I will discuss solutions for implementing supply chain resilience in a global economy.
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