Three pillars of supply chain resiliency: Aramco’s Story

Saudi Aramco, the world’s largest integrated energy and chemical company, has long made resiliency a core tenet of its corporate strategy... resilience in the corporate world is the ability of a company to bounce back from a catastrophe or a disruption and return to normal operations levels. Dr. Yossi Sheffi, a professor at the Massachusetts Institute of Technology and author of The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage, highlights three main ways companies can develop resilience: increasing redundancy, building flexibility, and cultivating an empowering culture.