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Strategy

How 4 Distributors are Building Supply Chain Resilience

Companies must adapt by leveraging vision, understanding, clarity and agility to navigate the emerging business landscape and develop resilience against volatility.

February 14, 2022

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How 4 Distributors are Building Supply Chain Resilience

Volatility, uncertainty, complexity and ambiguity (VUCA) is an acronym first used after the Cold War to describe the state of the world. Decades later, this term is as appropriate as ever, particularly in the world of business. To pull a business out of a VUCA state, we need to accept our current reality and adapt. […]

Volatility, uncertainty, complexity and ambiguity

(VUCA)

is an acronym first used after the Cold War to describe the state of the world. Decades later, this term is as appropriate as ever, particularly in the world of business. To pull a business out of a VUCA state, we need to accept our current reality and adapt. Reminiscing about pre-pandemic conditions is not going to move a company forward. It is just going to stall it further. This is especially true for supply chain teams as they face both product availability and cost escalation challenges. According to the U.S. Census Bureau, the…

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