Mohannad H. Gomaa shares succinct recommendations from leading practices on developing a continuity plan for a supply chain.
Key thoughts and advice to update your current Supply Chain Continuity Plan (SCCP)
Business Impact Analysis:
External Suppliers and Customers:
Send questionnaires to your 1xxx+ suppliers and service providers to see how their operations are adjusting and discuss capacity availability/pricing/contract FM. Conduct meetings on key risk orders/SKUs
Communicate with your customers on key issues and ways to collaborate to fulfill orders and (investment/capacity) support needed. There are lessons learned from Toyota and others on how their supply chain network worked together during suppliers’ emergency shutdowns
Additional steps identified include:
- Recovery strategies
- Plan deployment
- Test procedures
Read the full article, Key thoughts and advice to update your current Supply Chain Continuity Plan (SCCP), on LinkedIn.