The bci supply chain resilience report, in association with zurich, has been a comprehensive resource for business continuity, supply chain management and resilience practitioners alike for its insights on supply chain disruptions. Building resilience in supply chains, developed during phase ii of the initiative, explores government and industry sector views on systemic supply chain risks and building a resilience framework to manage them. Yet, organisations in developing countries constitute a significant part of global supply chains and have also experienced the disastrous effects of supply chain failures. Aug 14, 2007 supply chain resilience no longer implies merely the ability to manage risk. Strengthening posthurricane supply chain resilience. The 2017 fm global resilience index offers a detailed road map toward maximizing enterprise resilience. Supply chain risk management software dhl resilience360. Special report the challenge of energy resilience in australia strategic options for continuity of supply neil greet and paul barnes august 2017. Iv ensuring electricity system reliability, security, and. Fm global presents you with a powerful, strategic decisionmaking resource to help you gain insight into your business and supply chain risks throughout the world.
Previously, resilience was not a wellknown concept in the business world, and to some. Strengthening posthurricane supply chain resilience mit. In its tenth year, the business continuity institute, supported by zurich, is releasing its supply chain resilience survey 2018. The conceptual framework is based on extant literature and refined through a focus group methodology. Restoring business operations after a hurricane december 78, 2017 3 executive summary mits humanitarian response lab at the center for transportation and logistics ctl held a roundtable on supply chain resilience in the face of largescale disasters. The purpose of this paper is therefore to empirically investigate scres in a developing country context, and to show that this also provides theoretical insights into the nature of what we mean by resilience. We hope these unique analytics will assist you when deciding where to site. Business continuity professionals play a key role in mitigating incidents in the supply chain. Dhl resilience360 is an innovative supply chain risk management software platform that helps businesses predict, assess and mitigate the risk of supply chain disruptions.
A collection of case studies about hurricanes harvey, irma, and maria and their impact on supply chain resilience. Integrating the needs of supply chains into mitigation, response, recovery, and resilience planning and actions is key to improving supply chain resilience and. Google formally launched our responsible supply chain rsc program in 2012. This is a legitimate question of supply chain resilience, as vulnerabilities in essential maritime supply chains, if unaddressed, may be sources of significant concern for our liquid fuel. While the majority of research exploring supply chain resilience has originated from a supply chain management perspective, many other disciplines such as environmental systems science and the social sciences have also explored the topic. Bci supply chain resilience report 2017 launch bci. The notion of a resistant but sluggish supply chain and a vulnerable but responsive supply chain may also be considered in this context of supply chain risk and supply chain uncertainty. Aug 02, 2017 the baltimore food system resilience advisory report pdf, released today, highlights risks the city faces from both humanmade conflicts and natural disasters, and it lays out a number of longterm strategies for protecting the food supply chain. It is estimated that almost three quarters of organisations experience a supply chain disruption each year, i. The business continuity institute bci has announced that the supply chain resilience report 2019 is now available for download on its. Quickly reestablishing flows of water, food, pharmaceuticals, medical goods, fuel, and other crucial commodities is almost always in the immediate interest of survivors and longerterm recovery.
Definition of concept and its formative elements article pdf available in journal of applied business research 285. Business action for climateresilient supply chains bsr. Sep 11, 2017 in few prior empirical studies on supply chain resilience scres, the focus has been on the developed world. Resilience in agrifood supply chains afscs is an area of significant importance due to growing supply chain volatility. Leverage regional cooperation to support the supply chain, including coordination with other multinational organizations working on supply chain resilience inside and outside the apec region. May 26, 2015 global supply chains are among the most critical levers for companies to take action on climate change and to gain business benefits from building resilience. Please note, however, that in quantifying supply chain disruptions we controlled for sourcing lead time, which could have artificially dampened the. Top 20 supply chain management software suppliers 2017. Supply chain resilience and the 2017 hurricane season. Bci supply chain resilience report 2019 continuity insights. The bci supply chain resilience report, in association with zurich, is a comprehensive resource for business continuity, supply chain management, and resilience practitioners alike for its insights on supply chain disruptions. Building resilience in businesses and supply chains in asia pdf.
When one part of this network is exposed to risk, all parts are vulnerable to disruption. Supply chain resilience guide i strategic overview disasters disrupt preexisting networks of demand and supply. As such, a substantial amount of research on the definition and significance of resilience can be seen in the past decade. Pdf, web alphabets 2017 cdp climate change response. Quantitative assessment of resilience across a supply chain network allows a company to make an objective business case for.
These scrm efforts, which may come in the form of standards, best practices, and other regulatory. Part of baker mckenzies covid19 response series, this report explores the overall economic impact, the sectors most affected, and the criticality of supply chain risk management as companies seek to strengthen operations and business resilience. Over the last nine years, it has provided practical and actionable advice which enables organizations across. In 2017, we published our first rsc report, which outlined our framework. Rethinking resilience in global supply chains insead knowledge. These naturally vary across companies and industries, but should form the starting point to define what the company cares about most and why. The second installment of the qer january 2017 41 iv ensuring electricity system reliability, security, and resilience this chapter addresses a range of possible risks to the electricity system and the broader economy, and it suggests options to mitigate and prepare for these risks. The national academies of sciences, engineering, and medicine have a number of activities aimed at improving individual, community, and national resilience. The economist intelligence unit limited 2017 11 rebooting supply chains shorter, smarter and more sustainable. Supply chain resilience any time theres a need to increase business from a supply chain partner, or if a partner experiences a problem, its a good idea to reassess the risks of that supplier.
Drawing on lessons learned during the 2017 hurricanes, this report explores future strategies to improve supply chain management in disaster situations. Companies source product from suppliers, who might source materials or components from others, who in turn might source from others. Although we are moving towards more resilient supply chains, this years report shows that cyberattacks and it outages are todays main threat to. Industry agenda building resilience in supply chains. Section 2 presents a list of research works focused on supply chain vulnerability, security and proposes some real case. Identify the potential impacts that climate change will have on company supply chains, particularly visavis the focus of supply chain management on cost, speed. Almost threequarters of organizations have reported having business continuity arrangements related to supply chain management. During each event, public officials and private sector leaders attempt to manage the disaster.
Supply chain resilience critical areas of supply chain risk3 our research with mit identified the following critical areas of supply chain risk. Food supply chain resilience is defined by global food security gfs as the systems capacity to maintain a desired state of food security when exposed to stresses and shocks. Thus, based on our evidence, it is impossible to say whether supplier location matters for supply chain resilience. Business continuity institute horizon scan report 2017. Over the last nine years, it has provided practical and actionable advice which enables organizations across industry sectors worldwide to improve the resilience. Ensuring the full visibility of supply chains remains a challenge that has been consistently tracked in previous editions of the bci supply chain resilience report. That is according to a report published today by the business continuity institute and supported by zurich insurance group. Institute 2017, supply chain resilience report, available at. Read strengthening posthurricane supply chain resilience. Assessing and strengthening the manufacturing and defense. The supply chain, like business itself, is a vast and complicated network. Supply chain resilience transportation research board. Business continuity remains essential in building supply chain resilience. Supply chain resilience report is available from tracy stickells, cranfield centre for logistics and supply chain management, fax.
Business continuity plays a key role in helping to avoid and mitigate disruption within the supply chain. In few prior empirical studies on supply chain resilience scres, the focus has been on the developed world. Global supply chains are among the most critical levers for companies to take action on climate change and to gain business benefits from building resilience. Five ways to accelerate performance, embrace complexity, and build resilience in your supply chain 1. That total includes applications for supply chain execution sce, supply chain planning scp and procurement software. The pressure on businesses to provide fast and reliable services is increasing and therefore the need for companies to invest in supply chain resilience solutions is more. Business action for climateresilient supply chains. Understanding supply chain resilience supply chain 247. Melnyk and others published understanding supply chain resilience find, read and cite all the research you need on researchgate. They asserted that supply chain resilience can be created through four key principles. Trump signed executive order eo 806 on assessing and strengthening the manufacturing and defense industrial base and supply chain resiliency of the united states. The purpose of this paper is to analyse the concept of supply chain resilience scres within a concept mapping framework to seek conceptual clarity, with an emphasis on scres definitions, essential elements and managerial practices. Under conditions of uncertainty, such as in the fashion industry, the best approach to building resilience may be to invest in the capacity to recover from an. Quantitative assessment of resilience across a supply chain.
Alignment with and support for ongoing scrm programs in the electricity subsector and beyond, industry and government are partnering on aggressive, muchneeded efforts to manage supply chain risks. Webinar strengthening supply chain resilience a research briefing. Rethinking resilience in global supply chains insead. Promote critical infrastructure protection and intermodalism as a key component of supply chain resilience. Reporting of supply chain disruptions has increased since 2017, going from 70 percent to 73 percent, and. A 2017 business continuity institute bci report on supply chain resilience found almost 70% of respondents said they do not have full visibility into their supply. An order form is also available on the above web site. Five steps to building supply chain resilience supply chain.
National secunty strategy 2017 pdf national counterintelligence strategy 2016 pdf supply chain risk management practices for federal information systems and organizations pdf supply chain risk management cnssd 505 defense science board osb task force report on cyber supply chain. However, supply chains are complex, diverse, and exposed to multiple, intersecting climate risks. Richard wilding, profes sor of supply chain strategy. This article presents a new supply chain resilience framework to help businesses deal with change.
Resilience is at the heart of current supply chain management thinking, and understanding the concept, and where to invest in resilience, can lead to supply chains that quickly respond to and recover from costly disruptions. Supply chain resilience in a developing country context. It now assumes that the ability to manage risk means being better positioned than competitors to deal withand even. Mar 24, 2017 rethinking resilience in global supply chains karan girotra, insead associate professor of technology and operations management march 24, 2017 the increasingly global and complex nature of supply chains carries elevated risk of costly disruptions caused by a variety of unpredictable factors natural disasters, industrial accidents. We are pleased to note in the results of the 2019 survey that over three quarters of organizations record, measure and report on supply chain disruptions. Restoring business operations after a hurricane december 78, 2017 5 it is within this context of highly optimized lean national supply chains that disasters such as hurricanes inject their chaos.
David thorp executive director, bci bci cyber resilience report 2017. The purpose of this paper is therefore to empirically investigate scres in a developing country context and to. Before getting into details of the elements affecting the supply chain resilience, let us give a brief overview of the paper. This report makes recommendations to strengthen the roles of continuity planning, partnerships between civic leaders with small businesses, and infrastructure investment to ensure that. Performance indicators for supply chain resilience. Over the last nine years, it has provided practical and actionable advice which enables organizations across industry sectors worldwide to improve the resilience of. The report findings are based on expert level workshops and data gathering throughout 2012. Over the last nine years, it has provided practical and actionable advice which enables organizations across industry. Supply chain resilience report 2017 continuity insights. Different disciplines such as business continuity, information security and risk management need to come together, share intelligence and start speaking the same language if they want to build a safer future for their organizations and communities. Gfs further defines adaptation as making changes in the system in order to deliver required outcomes. Section 2 presents a list of research works focused on supply chain vulnerability. Over the last nine years, it has provided practical and actionable advice which enables organizations across industry sectors worldwide to improve the resilience of their. It is important to note that the target for these 41 supply chain attacks are predominetly ict.
757 208 666 1286 1070 292 1339 76 200 1259 195 1072 1268 138 853 913 567 319 1444 1179 68 1354 1120 236 772 1411 326 1382 836 201 255 435 583 3 1339 1380 649 1054 1195 1084 76 140 1153 982 1298 1450 691 531 1371