BCG defines supply chain resilience as the capacity of a company to absorb stress, to recover critical functionality and to thrive in altered circumstances. At a high level, we see six factors driving resilience:

• Anticipate and prepare for worst case scenarios would require that you learn from the past
• Create different types of capabilities to respond to a crisis
• Connect with the broader system to provide external buffer
• Hold excess capacity and resources to buffer shocks
• Organize in loosely linked modules to isolate impact
• Build capability to respond quickly to changes

In the webinar, a deep dive into semiconductors will illustrate why the global automotive industry lost 10 million cars in 2021 while Tesla was able to grow deliveries by 87%.