Accenture and MIT Team to Create a Supply Chain Resilience Stress Test
Accenture plc Class A Ordinary Shares (Ireland) (ACN)
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am
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Source: Business Wire
The new standard for proactively assessing a global supply chain’s ability to mitigate the impact of disruptive events will improve agility and help companies outmaneuver uncertainty NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) and the Massachusetts Institute of Technology (MIT) are co-developing a supply chain resilience stress test for assessing operational and financial risks created by major market disruptions, disasters or other catastrophic events. Inspired by the crucial financial services industry stress tests that became compulsory after the 2008 financial crisis, the joint effort aims to create a global industry standard for a data-driven strategic assessment of supply chain resilience.“The COVID-19 pandemic exposed considerable weaknesses, resulting in severe disruptions in supply chains around the globe, shedding light on the need for intelligent supply chains that prioritize transparency, anticipate new risks and enable faster decision-making,” said Kris Timmermans
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