Supply chain disruptions are inevitable, but their impact can be minimized with proper planning and diversification.
Key Strategies
Diversify Suppliers
Avoid single-source dependency by qualifying alternative suppliers in different regions.
Build Buffer Stock
Maintain safety stock for critical components to absorb supply fluctuations.
Multi-Modal Flexibility
Develop the capability to switch between transport modes when disruptions occur.
Visibility Tools
Invest in tracking and monitoring systems to detect issues early.