Most supply chain professionals have faced the challenge of a difficult supplier that you cannot replace. Your difficult supplier's product may be designed into your product, or it may be a unique technology or any number of other reasons that make it impractical to change suppliers. When facing these situations,...
Risk Mitigation Cycle, Future Preparation
Preparation and planning can save your business It is too often the tendency to avoid considering risks until they occur. Let’s face it, it takes budget resources to identify risks and may take even more money and time to adequately mitigate the risk. These actions may seem a distraction when you are...