A Study of Adaptive Supply Chain Network

Imagine that instead of focusing on plans and forecasts, your business was constructed to rapidly react to the best forecast possible: an actual order from a customer. This is the world of the adaptive business network (ABN), a strategy for creating networks of businesses that rethinks the traditional ideas about how business should work and enhances them with the capability to sense and respond.
Just as the ABN changes relationships between companies, it also changes fundamental processes inside a business. There are six adaptive business processes that show how core processes in all parts of the business will change in an ABN. Adaptive Supply Chain Network (ASCN) is one of them.
In today’s turbulent economic environment, every dimension of business requires greater speed and efficiency. the vision of the adaptive supply chain network has become solid reality in response to rapidly advancing technology and a pressing business need - adaptability: the ability to sense, respond to, and thrive on unexpected change.