Resilience- capabilities and future directions in global supply networks
I. Ehrenhuber, M. Gerschberger, C. Engelhardt-Nowitzki - Resilience- capabilities and future directions in global supply networks - The 18th Annual Cambridge International Manufacturing Symposium, Cambridge, Vereinigtes Königreich von Großbritannien und Nordirland, 2013, pp. 17
Volatile and unpredictable market conditions bear considerable supply chain (SC) risks, such as excess cost or lost sales due to e.g., customer delivery problems or quality impairments. Accordingly, under such conditions, resilience – i.e., a firm’s capability to adequately handle unforeseen disturbances and still retain or recapture a competitive state of business – is an important source of business success. This paper aims to identify individual and organizational capabilities in global supply networks that may typically influence a company’s resilience. As resilience is a rather new concept, several fragmented research traces will be inspected in order to develop a substantial conceptualization of supply chain resilience and to systematize links to neighboring fields like risk management or SC-agility.