Supply chain resilience is the ability of a business to recover from an event that negatively impacts the supply chain.
supply chain resilience refers back to the ability of a given supply chain to prepare for and adapt to surprising occasions; to quickly modify to unexpected disruptive adjustments that negatively affect delivery chain performance; to keep functioning at some point of disruption (sometimes referred to as “robustness”), and to recover quickly.
Catastrophe restoration (DR) is an organization's potential to reply to and get over an occasion that negatively influences business operations. The purpose of DR strategies is to enable the company to regain use of essential structures and IT infrastructure as quickly as feasible after a catastrophe takes place.
Financial recuperation is the business cycle degree following a recession that is characterized by a sustained length of enhancing commercial enterprise interest. commonly, throughout a financial recovery, gross home product (GDP) grows, earnings rise, and unemployment falls because the economy rebounds.
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