Business, Management and Accounting
4 years ago

Boosting supply chain resiliency shields firms from economic turmoil

Economics bulletin
Facing supply chain disruptions: enhancers of supply chain resiliency
Ahmed Hamdi, Tarik Saikouk, Bouchaïb Bahli

Paper Summary

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Supply chain disruptions can harm businesses, so firms must make their supply chains more resilient. By using strategies like managing risks and integrating supply chains, firms can handle disruptions better. This helps reduce uncertainty and improve the firm's ability to process information effectively. Data from 283 manufacturers in the US and France supports these ideas.