Supply Chain Resilience Through Operations and Finance Management
Scientific Letters of Academic Society of Michal Baludansky. Vol. 4, No 1.
5 Pages Posted: 24 Feb 2016
Date Written: January 2016
Currently volatility is inherent a supply chain. A business entity within the supply chain faces with demand fluctuations and many other problem situations that cause disruptions. Despite this supply chain should deliver goods or services at acceptable predefined levels of customer value, not decreasing the value of organization. It concerns issues of operating system's scalability. Operating systems are the main components of supply chain structure. Managers have to define and align business processes through the adjusting these systems in accordance with changes inside and outside the supply chain. They make decisions in the context of different methodological perspectives, primarily agile and lean supply chain management based on collaboration among its business entities. The concepts and components of the business finance system must be also defined. The features of the implementation of financial instruments and financial resources to ensure the goals and objectives of the supply chain are under consideration. As the result, the implementations of these decisions help business entities make the supply chain resilient to disruptions in resource flows and workflows, as well as to many marketing and financial problem situations.
Keywords: disruption, operating system, supply chain, operations, finance, management, resilience, scalability
JEL Classification: M0, G30, D24, D81, E32, L21
Suggested Citation: Suggested Citation