University of Oulu

Supply chain resilience and risk management strategies and methods

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Author: Chowdhury, Antor1
Organizations: 1University of Oulu, Faculty of Technology, Industrial Engineering and Management
Format: ebook
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 0.9 MB)
Pages: 65
Persistent link: http://urn.fi/URN:NBN:fi:oulu-202108058832
Language: English
Published: Oulu : A. Chowdhury, 2021
Publish Date: 2021-08-06
Thesis type: Master's thesis (tech)
Tutor: Kauppila, Osmo
Majava, Jukka
Reviewer: Kauppila, Osmo
Majava, Jukka
Description:

Abstract

The changing global market due to Industry 4.0 and the recent pandemic effect has created a need for more responsiveness in an organization’s supply chain. Supply chain resilience offers the firm not only to avoid disruptions but also to withstand the losses due to a disruption. The objective of this research is to find out how resilience is defined so far in other literature and find out the strategies available to gain the resilience fit for an organization. First, in the literature review, the previous studies on resilience were studied to understand what supply chain resilience means. Then, the key results and findings are discussed and conclusions are presented. The research found some interesting strategies for gaining the resilience fit. The benefits and the stakeholders for each strategy are also pointed out. These strategies can be used according to the organization’s business strategy. These strategies aligned with the business strategy can make a huge difference to withstand potential disruption and gaining a competitive advantage against the market competitors.

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Copyright information: © Antor Chowdhury, 2021. This publication is copyrighted. You may download, display and print it for your own personal use. Commercial use is prohibited.