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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Consider your suppliers' contingency planning strategy when selecting vendors, and test them regularly with different scenarios. What alternative plants/factories/sources of supply do they have at their disposal?

article thumbnail

Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Consider your suppliers' contingency planning strategy when selecting vendors, and test them regularly with different scenarios. What alternative plants/factories/sources of supply do they have at their disposal?