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Organisations around the world are facing unprecedented challenges, with supply chain disruptions threatening their future viability. As a result, procurement is increasingly being expected to become more influential in the overall business strategy – specifically in the areas of mitigating risk, creating a competitive advantage and driving growth.
In his book, “The Black Swan”, Nassim Taleb refers to fragility and antifragility. He writes: “There is no word for the exact opposite of fragile. So, let us call it antifragile. Antifragility goes beyond resilience or robustness – the resilient resists shock and stays the same; the antifragile gets better.”
To become antifragile and navigate the future with confidence, manufacturing and distribution companies require a different set of skills, a new degree of agility and a more progressive mindset. This eBook presents five key strategies manufacturers should adopt to ensure the future agility and resilience of their supply chains.
