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Rethinking Risk: Why Resiliency Is Now the Core of Supply Chain Strategy

  • Writer: Tracy Mathena
    Tracy Mathena
  • Jul 18
  • 3 min read

A few years ago, risk management was something that came up during audits or board meetings—and usually as a formality. Today, it’s front and center in nearly every sourcing, procurement, and supply chain conversation I’m a part of.


From tariffs to strikes, raw material price increases to logistics costs, supply chains have taken more punches than any other business function in recent memory. If the past five years have shown us anything, it's that resilience isn't a nice-to-have—it's the backbone of competitive advantage.


From Fragile to Flexible: The Shift That’s Already Happening


Not long ago, I sat in a leadership meeting, and they proudly described their just-in-time inventory model, domestic sourcing strategy, and cost-optimized supplier network. It was lean, it was efficient—and had a high probability of collapse the moment a disruption hit.

Here’s the truth we’ve all had to face:


What made our supply chains efficient also made them brittle.


Today, smart organizations are adjusting the plan. The playbook now includes:


  • Redundant and regionally diversified suppliers

  • Inventory buffers for critical path components

  • Contractual flexibility in sourcing agreements

  • Scenario-based modeling and response protocols


It’s a shift from just-in-time to just-in-case—and in some cases, just-in-time plus contingency. And while it might add cost on the surface, it saves far more in manufacturing downtime, customer satisfaction, and long-term exposure.


Where Advisors and Consultants Can Lead


This is where I see advisors and consultants stepping in with real value—not by preaching fear, but by helping organizations build confidence in their capacity to absorb disruptions and recover faster.


We’re not just mapping risk anymore. We’re helping leaders operationalize resilience. That means getting hands-on, asking hard questions, and designing systems that respond in real time.


Here are five areas I have seen making a tangible difference:


  1. Risk Mapping That Goes Beyond the Obvious: Tier 1 supplier visibility doesn't dig deep enough. The real risk often sits in Tier 2 or Tier 3—those subcontractors or sole-source niche providers buried in your BOMs. If you can’t see your full chain, you can’t protect it.

  2. Scenario Planning with Teeth: “What if the mills can't get raw materials?” “What if that single-source component is delayed six weeks?” These aren’t just hypotheticals—they’re happening. The difference is whether you’ve already tested the response.

  3. Supplier Diversification That Makes Sense: Dual sourcing sounds great—until you’re dealing with specialized equipment or regulatory constraints. That’s why supplier diversification must be strategic, not performative.

  4. Control Towers That Actually Control: It’s one thing to say you have a control tower—it’s another to have one that delivers actionable intelligence. Real-time visibility across logistics, procurement, and inventory can mean the difference between a 4-hour response and a 4-day crisis. Dashboards are only valuable if the right people are watching them—and know how to act.

  5. Business Continuity That’s Cross-Functional: I’ve seen “continuity plans” that exist only in PDF form, untouched since they were written two years ago. Resilience isn’t a document—it’s a discipline. It's imperative to build routines around risk review, trigger-based responses, and cross-functional decision rights. Because when disruption hits, alignment beats documentation every time.


Why Resilience Isn’t Just Defensive—It’s Competitive


Too often, resiliency is framed as risk avoidance. But the companies that got it right after 2020 didn’t just survive—they captured market share.

They shipped when others stalled. They kept projects on track. They maintained trust with their customers and partners.

That’s the ROI of resiliency:


  • Protected margins

  • Faster recovery

  • Increased agility

  • And in many cases, market leadership


Build for What’s Next, Not Just What’s Now


Here’s what I tell my clients: Resilient supply chains don’t eliminate risk—they expect it, plan for it, and rebound faster because of it.

Whether you’re a procurement lead, an operations executive, or a transformation consultant, the message is clear:


  • Design systems that bend, not break.

  • Invest in flexibility even when things seem stable.

  • Make resilience part of your culture—not just your process.


Because the next disruption won’t wait until we’re ready.

 
 
 

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