Improve Robustness and Resilience of Networked Supply Chains

With increased risk events and complex supply chain networks in recent years, it is imperative for a company to enhance the robustness and resilience of its supply chain in fighting with any risk event. The current paper defines the concepts of supply chain robustness and resilience and also identifies levers to enhance them. Subsequently, some key solutions are presented in each of four phases of supply chain risk management, e.g. risk identification, assessment, mitigation and monitoring. Finally, a master facilitative control tower is proposed as the platform to provide global information for independent local control towers to enable early risk detection and collaboration in risk mitigation.