US President Biden announced last week via an executive order that “it is the policy of my Administration to strengthen the resilience of America’s supply chains.” What does supply chain resilience mean? “For companies, resilience measures their ability to, and the speed at which they can, return to their normal performance level following a high-impact/low-probability disruption,” explains Dr. Yossi Sheffi from MIT in his 2005 book, The Resilient Enterprise. How resilient are your supply chains? What are the main constraints . . .
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