FREE TO READ | Supply Chain Management magazine
Building resilience into the supply chain will enable businesses to meet capacity
VUCA. If there was an acronym for our age, this is it. Volatility, uncertainty, complexity and ambiguity (VUCA) have all been on the rise since the introduction of the concept in 1987. While the term itself is a deceptively simple one to describe four discrete challenges, which require discrete responses, it’s a useful starting point for preparing to do business in our increasingly unpredictable world – particularly if you work in supply chain management.
VUCA. If there was an acronym for our age, this is it. Volatility, uncertainty, complexity and ambiguity (VUCA) have all been on the rise since the introduction of the concept in 1987. While the term itself is a deceptively simple one to describe four discrete challenges, which require discrete responses, it’s a useful starting point for preparing to do business in our increasingly unpredictable world – particularly if you work in supply chain management.
Anthony Sharpe, editor