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OpRules Supply Chain News - Aggregated supply chain news site

Even as the business climate remains deeply unpredictable, supply chain leaders should act now to plot their comebacks. These are five steps that supply chain executives should take to develop an effective recovery plan for their business: Step 1: Identify suppliers in affected regions and estimate TTR by scenario. Step 2: For each scenario, estimate demand and assess which products and assembly facilities will be affected by these suppliers and for how long. Step 3: Use the insight from the previous step to determine when and for how long you should shut down, or significantly reduce, manufacturing activities. Step 4: Determine how to ramp up capacity by focusing on sales and operational planning. Allocate the available capacity and inventory only to products that allow you to achieve your specific objectives during the recovery period. Step 5: Book logistics capacity as soon as possible.

Categories: Business, Business
Topics: aggregated supply chain news site, oprules supply chain news

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