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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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But because we were proactive, we were able to build inventories ahead of time so that we had enough material in the pipeline before the crisis really hit peak.”. Navistar’s procurement team sets clear expectations for suppliers — and it’s important to constantly re-evaluate supplier agreements and make necessary adjustments.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Your Procurement team should set clear expectations for suppliers — and it’s important to constantly re-evaluate supplier agreements and make necessary adjustments. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.

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

ivalua

But because we were proactive, we were able to build inventories ahead of time so that we had enough material in the pipeline before the crisis really hit peak.”. Navistar’s procurement team sets clear expectations for suppliers — and it’s important to constantly re-evaluate supplier agreements and make necessary adjustments.

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

Procurement Notes

Examples of these causes are (1) acts of God or of the public enemy, (2) acts of the Government in either its sovereign or contractual capacity, (3) fires, (4) floods, (5) epidemics, (6) quarantine restrictions, (7) strikes, (8) freight embargoes, and (9) unusually severe weather. FAR 52.249-14(a). See FAR 15.404-4(c)(4)(i). 206, 209-10 (Jan.

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Government Contracts Inflation Update

Procurement Notes

However, the FOMC evaluates the 2% goal against the Personal Consumption Expenditures Price Index (“PCE”) (addressed below). surveyed 113 “supply chain leaders,” and found that “[n]inety-seven percent of respondents say they have applied some combination of inventory increases, dual sourcing, and regionalization to boost resilience.” [86]