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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 optimization is a series of steps to reduce several costs in the production of goods. In my opinion, since these days we are using Web 2.0, cloud computing, and social media a lot more than before, supply chain optimization is facing new challenges. But it is also coming along with opportunities to expand your businesses.