Measuring and Investing in Resilience

Serving markets and customers during supply chain disruptions is essential to business success. Our research extends the vast body of work done on resilience at MIT CTL. We focus on identifying how to make the case for investing in resilience and risk management in business.

As high profile stories in the news show, supply chain disruptions can have a big impact on the entire franchise. After a disruption, organizations agree that investments in resilience to protect the franchise and maintain continuous service to customers are justified. Unfortunately, as institutional memory fades, investments in supply chain resilience become more difficult to make.

Discussions with best-in-class companies indicate they have developed processes to set aside funds on an annual basis and evaluate supply chain resilience investments to fund. While these processes are effective, they may require more resources than many companies can justify. By testing our approach with practitioners we hope to show that it is possible to leverage existing processes within organizations and systematically evaluate the value of making investments in supply chain resilience.
How to get involved

Companies can participate by volunteering to support ongoing research initiatives within the project or by suggesting and funding new studies in this area.