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: Other systemic threats come from external factors such as telecommunications blackout or power outage. Socio-geopolitical threats include regulatory changes, border closures, or riots. And supply chain disruptions due to natural disasters occur regularly. Supply chains are commonly vulnerable to these six risk categories: Cyber and security (such as ransomware, data theft)
Financial and company viability (for example, force majeure, revenue outlook)
Geopolitical (such as civil unrest, tariff hikes)
Man-made (including fires, explosions)
Natural disaster (extreme weather, earthquakes, etc.) Reputational and compliance and (such as conflict of interest, sustainable procurement)
Of course, many threats are not so neatly categorized. Issues such as Brexit, raw material shortages, and environmental concerns encompass more than one risk category. As we have seen with the coronavirus pandemic, threats can have a global spread and cause a ripple effect through numerous economies. When the flow of goods stops, production is halted or workers are required to stay at home, as during the coronavirus pandemic, supply chain disruption can result in serious impacts to business - and can ultimately lead to insolvency. A further cause of supply chain disruption comes from a sudden, unplanned spikes in demand or last-minute needs.