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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.
Supply Chain is the network of organizations that are involved, through upstream and downstream linkages, in the different processes and activities that produce value in the form of products and services in the hands of the ultimate consumer - Martin Christopher 10. What is Supply Chain Management?