Resilience

• Resilience refers to the ability of the supply chain to cope with unexpected disturbances
• Resilient supply chains may not be the most low-cost but they are more capable of coping with the uncertain business environment
• The aim of the resilience strategies has two manifolds:
• Recover the desired values of the states of a system that has been disturbed, within an acceptable time period and at an acceptable cost
• Reduce the effectiveness of the disturbance by changing the level of the effectiveness of a potential threat