On a cold January morning, a director of operations, for example, arrives at his warehouse location for a new customer start-up. But, at 6:30 a.m.,he senses something is amiss at the freezer warehouse. This is what can only be described as a major disruption to the company’s supply chain. The culprit—lack of material handling equipment.
Planning is the first step toward identifying vulnerabilities and mitigating risks. Supply chain vulnerabilities may be internal and external and can include demand, environmental, process and organizational control risks.