At its core, supply chain risk management (SCRM) research has focused on identifying and assessing known and unknown risks, and on risk mitigation to derive and implement solutions that ensure supply will continue to meet demand during and after a disruptive event. However, supply chain disruptions have been escalating in recent years and revealed considerable complex vulnerabilities in how firms manage their global operations. Current SCRM strategies, theories, and frameworks are ill-equipped to address these vulnerabilities, despite years of experience and research.
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