The intersection of resiliency, leagility and sustainability and its effect on company performance

Abstract

Supply chains are increasingly becoming integrated to address new opportunities and growth while continuously being threatened by complex challenges. Companies can leverage resiliency, leagility and sustainability (RLS) capabilities to address these consequential issues. In this context, supply chain resiliency is the ability to continue operations in the face of a supply chain disruption. Leagility is the combination of lean and agility concepts and refers to the speed of changing directions and the practices of improving operational efficiency and effectiveness by eliminating waste. Sustainability is the management of a company’s supply chain effect on environmental, social and economic issues. Opportunities exist for companies to view these three capabilities as related and complementary and to evaluate how they can improve their business performance. In the context of supply chain management, this paper will define RLS, present an organisational construct for providing supply chain context, and give examples of how companies can leverage RLS to mitigate risks, capture opportunities and create a competitive advantage. This article is also included in The Business & Management Collection which can be accessed at https://hstalks.com/business/.