from the conferences organized by TANGER Ltd.
Responsible management and all-risks assessment is of crucial and key importance for every company. Harmonizing demand and offer is a real challenge for every business, yet it is even harder in today’s very insecure and quickly changing environment. Suppliers and supplier chains are the backbone of global economy; customer requirements are practically borderless; product life cycles are diminishing faster than in the past; prices of commodities and currency fluctuations or natural disasters or terrorist acts may completely disrupt planning and production systems. All of the above calls for a better strategy combined with supplier resilience. The aim of the article is to draw up a draft framework for measuring the resilience of industrial suppliers from the perspective of financial strength.
Keywords: Resilience, financial strength, industrial supplier© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.