Advances in leaner and faster supply chains have, in many cases, come at the price of increased brittleness. It is time to make supply chains more resilient, and deal with risk more intelligently to maintain the gains from lean strategies, and take performance to the next level.
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that are not just lean and fast, but that can also respond to disruptions, upsides and hard-to-predict events. There are an almost infinite variety of disruptions that can afflict a supply chain. Here are a few examples: Supplier failures (financial, production, design, etc.) Natural disasters Work stoppages—Labor disputes Infrastructure outages (fire in plant, power grid down, etc.) Unanticipated demand surge or drop-off Unanticipated supply constraints, allocation, price increases Political upheaval