Resilient and Robust Strategies for Process-Line Supply Chain in Textile Industry
2021
A textile supply chain is through-and-through susceptible to threats. A thorough study leads the authors to find that solutions found to mitigate risks were only restricted to the end process of retail and distribution. The authors felt the need to shed light on the supply chain threats and risks during the processing phase of the chain. A comparative study was conducted to find the best-suited and feasible strategies among robust and resilient; further, comparison with the risk acceptance strategy was done to find out the most optimum solution for each particular threat/risk. A few of the major risks were considered and strategies to mitigate the most important and commonly occurring risks were analyzed. The authors reached a conclusion to adopt a mix of both, robust and resilient strategies to disperse risks involved in the supply chain. If the threats are only tackled with either would make the supply chain very rigid or very flexible, thus incurring heavy costs.
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