Enhancing Supply Chain Resilience Through Collaboration

This document is a technical report that discusses the importance of collaboration within supply chains to enhance resilience, particularly in light of recent global disruptions such as the COVID-19 pandemic. It outlines how supply chain disruptions often stem from low-tier vendors, emphasizing the need for visibility and effective communication across all vendor tiers. The report details the shift from just-in-time (JIT) supply chains to more resilient models that involve closer partnerships with suppliers. It highlights the financial implications of supply chain disturbances, including costs associated with delays and the impact on production lines. Furthermore, the report addresses the evolving regulatory landscape that requires companies to be aware of their supply chain dependencies and the ethical implications of sourcing practices. The authors advocate for a cultural change in supply chain management, urging businesses to engage with all levels of their supply networks to mitigate risks and improve financial outcomes.