Abstract
Although the significance of supply chain resilience has been well explored, there is much to be explained about its formation and composition. Using systems theory and the Family Resilience model, this chapter offers a series of organizational characteristics that combine to form supply chain resilience. These subsets of supply chain resilience are categorized into three. The first, inherent resilience, comes from the strength of resources that are already possessed, are permanent and inseparable from the supply chain itself. The second, anticipative resilience, are ones developed purposefully to face crises and disruptions. These are preparatory resources that come in the form of excess resources, business continuity plans, or insurance policies. The third type is adaptive resilience, which can come in the form of collaborative capabilities, collective decision-making, and leadership that combines care and concern with the ability to make on the spot decisions. The chapter explains how supply chains, as organizational systems, leverage these three sub-sets to face disruptions.
Original language | English (US) |
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Title of host publication | Supply Chain Risk Management |
Subtitle of host publication | Advanced Tools, Models, and Developments |
Publisher | Springer Singapore |
Pages | 269-288 |
Number of pages | 20 |
ISBN (Electronic) | 9789811041068 |
ISBN (Print) | 9789811041051 |
DOIs | |
State | Published - Jan 1 2018 |
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)