Title: Supply chain disruption – how to manage and avoid breakdowns | riskmethods
Headings: Supply chain disruption – how to manage and avoid breakdowns
Supply chain disruption – how to manage and avoid breakdowns
1. What is supply chain disruption?
What is supply chain disruption management?
What is supply chain disruption risk?
2. Six causes of supply chain disruption
Supply chains are commonly vulnerable to these six risk categories:
3. Supply chain disruption examples
4. What is the impact of supply chain disruption?
5. Three ways to manage disruption in your supply chain
#1 Be aware of supply chain disruption risk and have proactive contingency plans
#2 Develop supply chain disruption strategies
#3 Avoid supply chain disruption in the first place
6. Why disruption can make your supply chain stronger

Content: In the first half of 2020, supply chain disruption caused by the coronavirus pandemic have eclipsed other risks. Yet examples for supply chain disruptions caused by the Brexit, trade wars, natural disasters and other threats remain, and are likely to resurface on industry radar relatively soon. 4. What is the impact of supply chain disruption? Compounded across industries and economies, the global cost of supply chain disruption resulting from the coronavirus pandemic has been enormous – several trillion dollars so far – and the consequences include a renewed interest in onshoring or near-shoring for critical industries. Within individual enterprises, the cost of supply chain disruption includes loss of revenue, when products do not reach customers schedule. However, interruption of supply chains and deliveries leads to a range of other costs. For example, when parts are unavailable, productivity is lost as workers sit idle. At the same time, the search for and onboarding alternative suppliers is costly. Further effects of supply chain disruption include damaged reputation, which nudges customers to turn to the competition.