Smart Supply Chains

When companies ask for their Supply Chains to be more resilient, they usually mean they want less chaos when things don't quite work out. When a material is unavailable to make a product, that shouldn't stop a production. There should already be an alternative that prevents production from slowing down. Most executives I speak with (90%) have the correct instinct to simply add a back up supplier. You single source a component? You go find a second source, maybe even a third t