Supply Chain Agility

Represents how fast a supply chain responds to the changes in environment, customer preferences, competitive forces etc. It doesn’t talk about random variations in executing day-to-day supply chain operations. It rather  specifies how a company’s supply chain responds to changes, once business is aware of external changes which can negatively/positively affect the business in achieving its objectives. It is a measure of how companies adapt their supply chain to these changes and then how fast it is able to achieve it.