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Vulnerability, as it pertains to supply chains, refers to a gap in a companyâs internal capabilities or supply chain maturity that increases either the likelihood or the severity of a risk event. For example, the failure of a seaport infrastructure becomes more severe for companies that lack flexible distribution strategies and transportation modes.
Skill Two: Supply Chain Analysis. Supply chain analysis is the process of using a technological means to minimize the supply chain process, as measured from manufacturer to consumer. Minimizing this process can also reduce much of the demand uncertainty that arises in the supply chain process.