{"id":2664,"date":"2009-04-20T15:34:00","date_gmt":"2009-04-20T15:34:00","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2009\/04\/20\/supply-disruptions-the-1-aspect-of-preparation\/"},"modified":"2021-07-19T04:34:55","modified_gmt":"2021-07-19T08:34:55","slug":"supply-disruptions-the-1-aspect-of-preparation","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/supply-disruptions-the-1-aspect-of-preparation\/","title":{"rendered":"Supply Disruptions &amp; The #1 Aspect of Preparation"},"content":{"rendered":"<p>I hope that you have enjoyed the article \u201cSupply Disruptions Don\u2019t Have To Be Fatal.\u201d<\/p>\n<p>Don\u2019t miss updates on Procurement &amp; Supply Chain, Subscribe here!<\/p>\n<p>In the article, I talk a lot about the importance of contingency plans. But perhaps the most important thing about a contingency plan is how you communicate it.<\/p>\n<p>If circumstances leading to a supply disruption require the contingency plan to be executed, its effectiveness will be judged in hindsight which is, as they say, 20\/20. You don\u2019t want to be judged in hindsight.<\/p>\n<p>So it is vital to have senior management advised of the contingency plan before it is ever needed. If it is judged unfavorably after a supply disruption, the critics will say that:<\/p>\n<ul>\n<li>It didn\u2019t mitigate the problem fast enough<\/li>\n<li>It didn\u2019t account for the quantity needed<\/li>\n<li>It was too costly<\/li>\n<li>Or any number of jabs<\/li>\n<\/ul>\n<p>If senior management is advised of the contingency plan before it is needed, they can offer direction. Perhaps being aware of the potential cost of the problem will make them more willing to invest in more inventory, or a second supplier charging a higher price, or smaller, more frequent shipments, or whatever.<\/p>\n<p>The bottom line is that you are a part of a team. Developing your contingency plan in isolation may take you out of alignment with corporate strategies and can serve to make you the target for blame if things go wrong.<\/p>\n<p>Share your contingency plan. Supply disruptions are a company problem, not just a purchasing problem.<\/p>\n<p>Please note that the Purchasing Certification Blog will be working on its tan for the rest of the week. It will be back in action next week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I hope that you have enjoyed the article \u201cSupply Disruptions [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Supply Disruptions &amp; The #1 Aspect of Preparation - Next Level Purchasing Association (NLPA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/supply-disruptions-the-1-aspect-of-preparation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supply Disruptions &amp; The #1 Aspect of Preparation\" \/>\n<meta property=\"og:description\" content=\"I hope that you have enjoyed the article \u201cSupply Disruptions [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nlpa\/blog\/supply-disruptions-the-1-aspect-of-preparation\/\" \/>\n<meta property=\"og:site_name\" content=\"Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-04-20T15:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-19T08:34:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/11\/nlpa-images-075.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1348\" \/>\n\t<meta property=\"og:image:height\" content=\"1600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/supply-disruptions-the-1-aspect-of-preparation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/supply-disruptions-the-1-aspect-of-preparation\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Supply Disruptions &amp; 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