Make smarter investments in resilient supply chains /

Many companies focus on mitigating the risk of supply chain disruptions. When one occurs, they take a boom-and-bust approach, investing in resilience, spending heavily in the immediate aftermath, and then doing little more until the next crisis. As an alternative, the authors propose a real options...

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Bibliographic Details
Main Authors: Klibi, Walid (Author), Trepte, Kai (Author), Rice, James B. (Author)
Corporate Author: Safari, an O'Reilly Media Company
Format: eBook
Language:English
Published: [Place of publication not identified] : MIT Sloan Management Review, 2024.
Edition:[First edition].
Series:MITSloan management review ; reprint 66108.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Many companies focus on mitigating the risk of supply chain disruptions. When one occurs, they take a boom-and-bust approach, investing in resilience, spending heavily in the immediate aftermath, and then doing little more until the next crisis. As an alternative, the authors propose a real options approach to resilience investing, which gives companies a way to make long-term, proactive decisions focused on maintaining supply chain capabilities no matter the crisis.
Physical Description:1 online resource (7 pages)