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What is Managing Supply Chain Disruptions about?

This document discusses a new model for managing unpredictable supply chain disruptions. The traditional method relies on historical data to quantify risk, but this does not work for rare, high-impact events. The new model focuses on the impact of potential failures along the supply chain, rather than the cause. It uses "time to recovery" to assess how long it would take a disrupted node to resume operations. The model identifies which nodes pose the greatest financial risk to help prioritize risk managemen

Author

sun-q

Language

EN