Open AccessVUCA Approach towards Supply Chain
Author(s) -
Pallikkara Viswanathan N.C Mr.
Publication year - 2020
Publication title -
bsss journal of management/bsss journal of management
Language(s) - English
Resource type - Journals
eISSN - 2582-4643
pISSN - 0975-7236
DOI - 10.51767/jm1110
Subject(s) - supply chain , ambiguity , demand chain , business , supply chain risk management , supply chain management , volatility (finance) , service management , industrial organization , marketing , computer science , finance , programming language
Volatility, Uncertainty Complexity and Ambiguity are the words increasingly used in the supply chain in the current business environment, and the impact it has on business performance in the supply chain is numerous towards improvement. VUCA the terms became synonymous, in supply chain, thus became increasingly important tothe leaders in supply chain, to seek the business to operate efficiently and effectively in supply chain. Supply chain is predictable, and today the global market is full of volatile uncertainty and ambiguity, as organizations have to be carefully strategized and be ready for changes in the market and keep the supply chain moving forward.