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?

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ThankX Delivery Services!

Supply Chain Game Changer

What is your Strategy? In March 2020, Real Estate Investor/Tax Analyst Carlos Colon (a Philadelphia native, raised in Puerto Rico) decided to bring an idea of his to life; one which was building in his heart for a long period of time. The Creator (God) is the greatest source of energy that there is. Email Address.

article thumbnail

Anita Arts: “A supply chain manager can no longer sit in an ivory tower

Supply Chain Movement

The British company is owner of Unitymedia KabelBW (Germany), UPC (The Netherlands, Republic of Ireland, Poland, Czech Republic, Slovakia, Switzerland, Austria, Hungary and Romania), VTR (Chile) and Liberty (Puerto Rico). The organisation has grown through a merger-and-acquisition strategy. in all markets.

article thumbnail

What About Them Apples?

Supply Chain Shaman

A shortage of pharmaceuticals in Puerto Rico. Inventory strategies and processes to absorb the error. Use The tactical planning horizon to make asset decisions, determine the best network design, design form and function of inventory, and establish sourcing strategies. One thing is clear. They do not have it.

article thumbnail

Former Teva Pharmaceutical Procurement Leader Joins Synovos

Synovos

His team works with suppliers in developing sourcing strategies that leverage the company’s $500 million spend and that are managed by the Central Procurement and Operations teams. He brings with him a depth of expertise in strategic sourcing that will prove beneficial to our life sciences clients as well as those in other industries.”

article thumbnail

7 Steps to Weatherproof Your Supply Chain for Extreme Weather

Resilinc

Take this example: when category 5 Hurricane Maria was approaching Puerto Rico in 2017, suppliers and critical FDA-regulated materials were threatened. With this visibility, our customers initiated a dual-sourcing effort to secure supplies ahead of time. One customer in particular successfully secured $1.5