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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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.”. Strategic sourcing professionals may end up doing tactical work, as well. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

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.

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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.”. Strategic sourcing professionals may end up doing tactical work, as well. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.