Building Supply Chain Resilience With a Contingency Playbook

Analyst Insight: While many supply chain organizations are on a journey to build resilience, relatively few have reached mature stages of risk management. For example, APQC recently found that only 15% of organizations have a dynamic contingency playbook, with risk and resilience embedded in every function. Given the varied nature of potential disruptions, this level of preparedness for risk may be the bare minimum in the near future.  

An effective contingency playbook is not something that organizations can write in an afternoon. It’s one of the hallmarks of a mature approach to risk management that requires sustained investments in supply chain technologies, processes and people. 

Organizations that have a mature playbook today started by building a strong foundation with at least three elements. The first is end-to-end visibility into supplier ri…