Supply Chain Resilience: Lessons from 2024
This year brought significant supply chain disruptions, from port strikes to extreme weather events. Leading companies have emerged stronger by implementing diversified supplier networks, investing in real-time visibility platforms, and building strategic inventory buffers.
Key resilience strategies include geographic diversification (reducing single-country dependency by 40%), multi-tier supplier mapping, and scenario planning for various disruption types. Companies with strong resilience programs experienced 60% fewer stockouts during major disruptions.