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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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The Benefits of Onshore Supply Chains

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Factors such as longer supply chains and reliance on long-distance shipping and freight operations can create big problems when disruptions, such as the Coronavirus pandemic, come about. .

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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. “Their supply chain was just broken, and there was no way they could get material to run their plants.

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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

For contracts being developed or negotiated during this period of unusually high inflation, an EPA clause may be an appropriate tool to equitably balance the risk of inflation between the Government and contractor. Tenaglia wrote the following. 95] The clause fixes each adjustment to the PPI. [96] FAR 52.249-14(a).

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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] On February 1, the FOMC announced the current federal funds rate range of 4.5 to 4.75% (with the current effective rate being approximately 4.57%). [48]