Assessment of supply chain risk and disruption management

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Reference no: EM133335206

Assignment:

Chopra and Sodhi (2014) provide the following assessment of supply chain risk and disruption management:

"Most managers know that they should protect their supply chains from serious and costly disruptions - but comparatively few take action. The dilemma: Solutions to reduce risk mean little unless they are evaluated against their impact on cost efficiency."

(Chopra and Sohdi (2014) Reducing the risk of supply chain disruptions. MIT Sloan Management Review, 55(3), pp. 73-80).

Considering the severity of disruptions and their negative impact on organizations, do you believe it is worth investing in supply chain resilience in the construction industry? Can you justify the benefits, considering they require significant investments? Explain.

Reference no: EM133335206

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