ivalua
FEBRUARY 8, 2023
Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners. Setting expectations ahead of a crisis is critical to reducing risk, avoiding liability claims and mitigating potential losses.
ivalua
JUNE 1, 2022
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.”. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated. Balance supply chain risk and resilience with ROI.
ivalua
MARCH 16, 2021
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.”. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated. Balance supply chain risk and resilience with ROI.
ivalua
MARCH 31, 2020
And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S.
Procurement Notes
OCTOBER 10, 2022
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). 195] See Indus. Tectonics Bearings Corp.
Procurement Notes
MARCH 16, 2023
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] ” [85] In March to April 2022, McKinsey & Co. 86] Hence, supply chain realignment is well underway. .”
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