![]() This research develops a measurement tool titled the Supply Chain Resilience Assessment and Management (SCRAM TM). Managing the risk of an uncertain future is a challenge that requires resilience-the ability to survive, adapt, and grow in the face of turbulent change. Just in the last few years, the world has experienced a string of catastrophic events, including a global economic meltdown, a volcanic eruption in Iceland, an oil spill in the Gulf of Mexico, a disastrous tsunami and power blackout in Japan, and political upheavals in Africa and the Middle East. ![]() I n today's tightly connected global economy, traditional management practices that rely on " steady-state " conditions are challenged by chaotic external pressures and turbulent change. ![]()
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