On metrics for supply chain resilience

Resilience, defined as the ability to recover quickly and effectively from a disruption, is critically important for supply chains. Yet, it has not been quantified as frequently as supply chain robustness. In this paper we review the existing metrics for supply chain resilience and introduce a new metric, titled the net present value of the loss of profit (NPV-LP). We test these metrics on a small supply chain problem consisting of one supply...