Second Wave of Supply Chain Woes Looms

Being tasked to manage risk in the supply chain as a job title is relatively new; Resilinc CEO, Bindiya Vakil, took classes from Yossi Sheffi, author of “The Resilient Enterprise,” which talked about supply chain risk in the aftermath 9/11 crisis. One case study in the book included the Philips fab fire caused a massive disruption that led to the exit of Nokia Ericsson from the handset market.  “It was $300 million in revenue impact. It changed the competitive landscape, and it was one fire.”

Resilinc is essentially a LinkedIn for the supply chain and recognizes that you can’t just throw darts and hope something sticks if you’re hoping to mitigate risk