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Supply Chain Risk Management, Part 1: What are VUCA and Black Swans?

March 30, 2020

Risk Management, Part 1: What are VUCA and Black Swans?

We seem to be at a pretty low point right now: Billions of people are confined at home. Economists are predicting a disaster and seem to think 2020 will probably be worse than what most of us can remember. The behavior and effects of this novel coronavirus are still partly unknown. It could still mutate and become more dangerous, for example. And, most amazing of all: the situation has been changing dramatically every 1 or 2 weeks. I am starting this new series on supply chain … [Read more...]

Filed Under: Supply Chain Risk Management Series Tagged With: Black Swan, risk management, Sourcing, VUCA


Weekly updates for professional importers on better understanding, controlling, and improving manufacturing & supply chain in China.

This is the official blog of Sofeast.com.

This blog is written by Renaud Anjoran, an ASQ Certified Quality Engineer who has been involved in chinese manufacturing since 2005.

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