Gazi Sanaul Hasan

 Demand variability: 4 actions steps to take in a time of crisis 1. Maintain transparent, proactive relationships with your suppliers. Ensure your key suppliers have full visibility in your projected demand, preferably in real-time, to secure inventory for building safety stocks. Having good visibility of both demand and supply enables an organization to manage demand signals more accurately, respond to customer requests faster, and smooth the effects of demand variation. 2. Activate alternate sources of supply If you have multi-sourced key inputs, move quickly to activate secondary supplier relationships and secure additional critical inventory and capacity. Explore potential opportunities to establish shared resource pools for  raw materials  inventory. 3. Reduce lead times Long lead times increase the probability of a bullwhip effect, so find ways to reduce lead time from sources of supply. It also allows you to react quickly to changing demand. 4. Update inventor...

What is Supply Chain Disruption ? A supply chain is a network of people, organizations, and activities that move a product from a supplier to a final customer. A supply chain disruption is any sudden change or crisis be it local or global that negatively impacts that process. You can think of supply chains as a series of interconnected parts like, well, a chain. In complex manufacturing, you may have also seen different tiers of a supply chain illustrated as a pyramid. 5 Types of Supply Chain Disruptions There are many different types of supply chain disruptions. When you look at disruption, there are two things you have to look at 1) what is the probability and 2) what is the severity. This will vary depending on your supply chain and your industry. Here are some of the reasons your supply chain might see an impact. 1. Pandemics:  We’ve seen in recent weeks and months how COVID-19, the novel coronavirus outbreak, has impacted global supply chains. The effects of...