Supply Chain Flexibility and Organizational Resilience

This paper outlines the importance of Supply chain flexibility and its relation to organizational resilience. It accentuates the need for businesses to take a dynamic, innovative and proactive approach in managing risks comparable to their market position. It proposes a way of thinking about flexibi...

Full description

Saved in:
Bibliographic Details
Published inCompetition forum Vol. 20; no. 1-2; pp. 30 - 43
Main Authors Elkhouly, Sayed Elsayed, Falk, Louis K, Amrousy, Ahmed, El Nasr, Osama Abo, Malek, Mostafa, Ezzat, Alaa Eldien, Abdallah, Mohamed
Format Journal Article
LanguageEnglish
Published Indiana American Society for Competitiveness 01.01.2022
Subjects
Competition
Competitive advantage
Cooperation
Decision making
Design
Executives
Flexibility
Inventory
Logistics
Market positioning
Product life cycle
Suppliers
Supply chain management
Egypt
Online AccessGet full text

Cover

More Information
Summary:This paper outlines the importance of Supply chain flexibility and its relation to organizational resilience. It accentuates the need for businesses to take a dynamic, innovative and proactive approach in managing risks comparable to their market position. It proposes a way of thinking about flexibility and resilience that entails more than simply returning to the status quo following a disruption. Risks and disruptions should be seen as opportunities to adapt and evolve in the face of hyper-connected networks, advanced cyber threats, highly competitive environments and changing customer expectations. Resilient organizations must increase collaboration and cooperation, both vertically and horizontally, and internally and externally. To prepare for and respond to likely disruptions, senior executives have to cooperate more closely especially in the production and marketing areas. This paper proposes steps that organizations can take to improve their resilience. These suggestions will benefit corporations during normal or crisis conditions. Keywords: Supply chain, flexibility, resilience, Innovation, disruption.
ISSN:1545-2581