Skip to content
  • Blog
  • Careers
  • Demo
  • Login
  • (408) 883-8053
  • [email protected]
Facebook-f Twitter Linkedin
  • Blog
  • Careers
  • Demo
  • Login
Menu
  • Blog
  • Careers
  • Demo
  • Login
Resilic Logo
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
    • Multi-Tier Mapping
      • Resilinc’s Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
Menu
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
    • Multi-Tier Mapping
      • Resilinc’s Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
Resilic Logo
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
    • Multi-Tier Mapping
      • Resilinc’s Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Menu
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
    • Multi-Tier Mapping
      • Resilinc’s Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Facebook-f Twitter Linkedin
  • Blog
  • Careers
  • Demo
  • Login
Menu
  • Blog
  • Careers
  • Demo
  • Login
Resilic Logo
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
    • Multi-Tier Mapping
      • Resilinc’s Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
Menu
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
    • Multi-Tier Mapping
      • Resilinc’s Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
    • Multi-Tier Mapping
      • Resilinc’s Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub

Home / Blogs / The Eye-Opener That Shakes Your Supply Chain

Home / The Eye-Opener That Shakes Your Supply Chain

RESILINC BLOGS
Resilinc-BCP

The Eye-Opener That Shakes Your Supply Chain

Oct 28, 2014

Wayne Caccamo

Uncategorized

There are many moments that rattle a company’s core. Something like the 9/11 terrorist attacks in the U.S., a tsunami in Asia, a volcano eruption in Europe, sourcing conflict minerals from African mines, or a global recession could severely hurt supply chain operations, revenue, and branding reputation for many quarters.

In the aftermath, assurances that a proposed action plan would hold up to the force of the blow fade. Executives learn that critical parts will be in short supply, inventory buffers dwindle and manufacturing lines are idled. Getting back to normal will be a few months away if you’re lucky.

This is usually, too, when people turn conversations back onto the importance of business continuity planning and set out with a “never again” missive to avoid future disruptions.

The initial knee-jerk reaction to disruption, however, doesn’t often go far enough. While business continuity plans are essential, they are not what most people think they are–they are not simply instruction manuals about how to respond when something goes wrong. They are important indicators for identifying supply chain, operations and financial weaknesses, risks, and gaps.

As you work through your business continuity planning process and layout a risk management strategy designed to keep your supply chain resilience in the wake of disruption, keep these tips in mind:

  • Push for proof. Be the executive that asks the hard questions about supply chain gaps and where trouble spots lie within the supply chain. Proactively stay on top of what’s happening beyond your first-tier supplier base. Push to ensure different visibility and risk management models are developed to keep businesses moving through disruption with as little damage as possible.
  • Assign responsibility. Pass up the urge to assume someone else in the organization or supply chain will be aware of possible risk and know exactly how to respond when a crisis hits. Just because visibility is a supply chain mantra today doesn’t mean everyone is looking through a clean lens or seeing the whole picture. Define roles and responsibilities about how risk is assessed, monitored, and flagged and spell out who does what at certain points in the process.
  • Take a three-fold approach to monitor, plan, and protect. Go beyond preparing for a disaster. Start with the idea that disruption is likely to happen and know-how disruption could affect the sourcing of both high-cost and low-cost parts necessary for your product’s production. Map multiple tiers of suppliers and their sites. Track events as they happen, and cushion the supply chain with a mitigation strategy aimed at safeguarded revenue and profit over the long term.

All sorts of events can shake up the supply chain, pretty much at any time. A business continuity plan gives companies steady ground to stand on while they use their resiliency to swerve around obstacles being thrown in their direction.

What kinds of supply chain resiliency elements are you building into your business continuity plans?


Looking for additional insight about how to build resiliency into your supply chain? Click here to learn more about what other companies are doing.

Blog detail template

White Paper

China’s Energy Crisis Prompts Widespread Global Supply Chain Disruptions

Download Now

Recent Posts

4 Major Supply Chain Trends Q4 2022

What would happen if China invaded Taiwan?

China COVID crisis: Groundhog Day for SC managers

EV segment will likely depend on China for many years

EU inflation hits multiple manufacturing sectors

Resilient supply chains require a shift in procurement strategy

Adderall one of many drugs, medical supplies at risk

Resilinc study: fire risks grow while easy mitigations are often ignored

About Resilinc

We’re the world’s leading supply chain monitoring, mapping, and resiliency solution. Over 100k organizations partner with us to take their SCRM programs from reactive to resilient.
Request Demo

Recent Blogs

Loading...
A photograph of a port in Taiwan.
Jan 24, 2023
5 MIN READ
Resilinc Editorial Team

4 Major Supply Chain Trends Q4 2022

Supply chains across every industry had their ups, downs, and disruptions in 2022. From the...
Commodity management, Geopolitical, Supply Chain Disruptions
Resilinc’s Special Report: Will China Invade Taiwan For TSMC - Top Insights and Preventive Measures
Jan 17, 2023
4 MIN READ
Resilinc Editorial Team

What would happen if China invaded Ta...

One day in August 2022, a group of military and defense strategy experts gathered in...
Geopolitical
Resilinc’s Special Report: China's Latest Outbreak - Top Risks to Your Supply Chain
Jan 10, 2023
3 MIN READ
Resilinc Editorial Team

China COVID crisis: Groundhog Day for...

After managing a seemingly endless series of crises arising from the pandemic, supply chain managers...
Coronavirus, Supply Chain Disruptions
Read All Blogs

Who's in your supply chain?

Better visibility starts now

Email Now|Call Now|Chat Now

Receive our monthly NewsWatch digest

Subscribe
Resilinc Transparent Logo

Most Trusted, Cognitive Supply Chain Risk Management Platform

Solutions

Blog

Careers

Company

  • About
  • News
  • Events
Menu
  • About
  • News
  • Events

Resources

  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
Menu
  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars

Follows Us

Facebook-f Twitter Linkedin

Sales: [email protected]
Support: [email protected]
Partnerships: [email protected]

Resilinc Transparent Logo

Most Trusted, Cognitive Supply Chain Risk Management Platform

Company

  • About
  • News
  • Events
Menu
  • About
  • News
  • Events

Resources

  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
Menu
  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
  • Solutions
  • Blog
  • Careers
Menu
  • Solutions
  • Blog
  • Careers

Follows Us

Facebook-f Twitter Linkedin

Sales: [email protected]
Support: [email protected]
Partnerships: [email protected]

© 2023 Resilinc Corporation. All rights reserved.

Data Security

Privacy Policy

Discover how the latest China COVID-19 crisis can derail your supply chain

Learn the latest supply chain bottlenecks that can be hurting you.

           Learn More