Source: Livemint Relevance: Building supply chain resilience Synopsis: Companies need to ensure resilience of their input supply chains to protect themselves from any turbulence during global shocks like COVID and natural calamities hitting the clusters of input suppliers. Contents1 Background2 What is a supply chain?3 Impact of supply-chain bottlenecks4 Ways to strengthen supply-chain resilience5 Government’s… Continue reading Three strategic ways to grant supply chains resilience
Tag: Supply Chain Resilience Initiative(SCRI)
India, Japan, Australia to launch Supply Chain Resilience Initiative(SCRI)
News: India, Japan and Australia have begun discussions on launching a trilateral Supply Chain Resilience Initiative(SCRI) to reduce the dependency on China. Facts: SCRI: The aim of the initiative is to attract foreign direct investment to turn the Indo-Pacific region into an economic powerhouse and to build mutually complementary relationships among partner countries. Significance:. The… Continue reading India, Japan, Australia to launch Supply Chain Resilience Initiative(SCRI)
