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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Balance supply chain risk and resilience with ROI. There are a few ways to balance supply chain risk and resilience with ROI: Diversification: One way to reduce risk is to diversify your supplier base so that you’re not relying on one supplier for all of your needs. Get the right talent in place.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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Balance supply chain risk and resilience with ROI. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners. For example, Kunnummal referenced a supplier claiming “force majeure” to hold companies responsible for freight costs, even if disruption prevented goods from being shipped.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

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Balance supply chain risk and resilience with ROI. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners. That collaboration leads to more innovation, greater efficiencies and a higher-performing, resilient supply chain that can weather the challenges of a crisis like Covid. .

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Government Contracts Inflation Update

Procurement Notes

The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.” [50] And it may be awhile before economies of scale, streamlined logistics, and other efficiencies are achieved that lead to comparable pricing. After all, U.S.