Improving Resilience, Robustness, and Disruption Mitigation Techniques
$ 45.5
Description
Development/management of suppliers: allocation of risks via contract manufacturing; contractual oversight; alternative/dual sourcing VMI/buffer stock, incentive contracts, and mix/volume flexibility contracts for risk mutual benefits are all examples of contracts that can be implemented in a supply chain. Product/process management: delaying, designing, and delivering a wide range of products Relationship with the Supplier: Confidence-Building, Cultural Adaptation, and Constant Coordination. Strategic event management plan and increased flexibility in options as part of contingency planning Disaster management includes strong recovery, supply chain reconstruction, resource use and management, and scenario planning for potential interruptions.