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ARTICLE · 18 NOVEMBER 2021

Three Ways To Prepare For The Next Supply Chain Disruption

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Before the COVID-19 pandemic, many manufacturers' supply chain management efforts focused on reducing costs and increasing efficiency, in some cases at the expense of flexibility and resiliency.

United StatesGovernment, Public Sector
Brandon Vahl
Brandon Vahl
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Before the COVID-19 pandemic, many manufacturers' supply chain management efforts focused on reducing costs and increasing efficiency, in some cases at the expense of flexibility and resiliency. But the pandemic highlighted the vulnerability of global supply chains to disruptions caused not only by public health emergencies, but also natural disasters, political unrest, economic volatility and other risks.

To prepare for future disruptions, manufacturers should reexamine their supply chain approach and consider the following three strategies:

  1. Plan for Every Part
    A plan for every part (PFEP) is not a new concept, but it has taken on added significance during the pandemic. A PFEP is a robust, end-to-end plan for all the parts that make up your products. Start with a detailed analysis of the demand for each part; how and where they are sourced; how much they cost; and how they are made, packaged, stored and ultimately delivered. This information allows you to

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