In supply chain management, what does resiliency refer to?

Question

BlackTom AI · Accepted Answer

In addressing the concept of resiliency in supply chain management, we should evaluate what the term most commonly means in the field.
Option 1: "The ability to return to equilibrium after a disruptive event." This aligns with the standard definition of resilience in supply chains: the capacity to recover quickly and return to normal operating conditions after disruptions such as natural disasters, demand spikes, or supplier failures.
Option 2: "The financial stability of a supply chain." While financial stability is important for overall health, it describes financial risk management rather than resiliency per se. Resiliency focuses on the system's ability to withstand and recover from shocks, not solely financial metrics.
Option 3: "The resistance of a supply chain to change and innovation." This describes rigidity or inertia, which is the opposite of resiliency. A resilient system should adapt and recover, not resist change.
Option 4: "The strength of packaging used to transport goods." Packaging strength relates to physical protection and cost, not to the systemic ability to absorb shocks and recover functionality after disruption.
From these evaluations, the statement that best defines resiliency is the first option, as it captures the core idea of bouncing back and restoring equilibrium after disturbances.

QANT_630-VA1-2025SP-VR Quiz 9 (Understanding Supply Chain & Achieving Strategic fit)

In supply chain management, what does resiliency refer to?

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