Building resilience: Getting the supply chain back on track through uncertain times
Abstract
The Oxford English Dictionary defines resilience as the ability to recover and bounce back after significantly pressing life events with long-lasting impact. The past three years have been among the most turbulent since the Great Depression of the 1900s. But in a more connected world, where socioeconomic conditions are co-dependent on a global supply chain, the way companies look at disruptions has to be different. Come what may, supply chains must be well oiled to keep the intricately connected cogs of the global machinery running. And for that organisations must be prepared to anticipate and tackle issues that come their way or seek out opportunities that make them less vulnerable to supply chain upsets. In other words, they must work on being more resilient than ever before. This paper takes a deep dive into how continuous global adversity has affected organisations and their supply chains and how they can learn from these events to be prepared yet agile for the way ahead.
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Author's Biography
Viswanathan Kuppuswami Viswa (Viswanathan) Kuppuswami is the Founder and CEO of Zumen, a source-to-pay software-as-a service (SaaS) that enables discrete product manufacturers to achieve a lean procurement, faster time to market and stronger supplier relationships by bringing all the processes in the direct materials procurement life cycle to a single platform. In his previous positions as a product development programme manager in large product manufacturing companies across the globe, Viswa has driven various multi-million-dollar projects to successful completion for more than two decades. Viswa is passionate about helping companies launch their products in the market successfully while achieving their cost and quality targets. He prides himself that despite being a nascent start-up, Zumen has been recognised as one of the Top 100 innovative procurement solutions by ProcureTech in partnership with Kearney. Viswa received his postgraduate degree in mechanical engineering from Oklahoma State University and is currently based in Chennai, India.
Citation
Kuppuswami, Viswanathan (2023, September 1). Building resilience: Getting the supply chain back on track through uncertain times. In the Journal of Supply Chain Management, Logistics and Procurement, Volume 6, Issue 1. https://doi.org/10.69554/BPQB4652.
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