Menu
Elaine Allan
  • About
Elaine Allan

Supply Chains

Posted on September 6, 2021September 6, 2021

Businesses around the globe are experiencing ongoing supply chain disruptions caused by the pandemic.  These interruptions are significant because disruptions, both expected and sudden, are often felt for months or years after they occur. 

What is a Supply Chain?

A supply chain is a network of goods, services, individuals, and organizations that move products from a supplier to a consumer.  A supply chain disruption is when there is a sudden change or disaster that impacts this process in a negative way.  In essence, supply chains are a series of interconnected parts.  When considering the manufacturing of complex goods, supply chains are often parsed into different tiers, the same way a pyramid would be constructed.

Reduced Capacity

In 2020 when Covid-19 became a growing concern, the manufacturing sector around the world was impacted.  Many manufacturers struggled to acquire necessary supplies and experienced dramatic labour shortages.  Transportation interruptions also made it difficult to keep goods and services moving which is a trend that has persisted throughout 2021.   Consumers today are having to wait longer for deliveries. In some cases, goods once readily available are now impossible to acquire.

Types of Supply Chain Disruptions

There are numerous factors that can cause supply chain disruptions including pandemics, natural disasters, product problems, cyber-attacks, and transportation interruptions. 

Recommendations for Offsetting Supply Disruptions

Supply chain experts recommend building up inventories, diversifying suppliers, identifying backup suppliers, and creating emergency plans to help offset any possible supply chain issues that could impact your business.

Elaine Allan, BA, MBA

Technology and Business Blogger

Vancouver, BC, Canada

Share on Social Media
twitter facebook pinterest linkedin tumblr reddit emailwhatsapp

Related

Sign Up for Newsletter




/

( mm / dd )


Recent Posts

  • Thank you!

    Thank you!

    October 24, 2022
  • Danielle Smith's Proposed Alberta Sovereignty Act

    Danielle Smith's Proposed Alberta Sovereignty Act

    October 23, 2022
  • A Champion for Vulnerable Women on the Downtown Eastside by John N. Ahern

    A Champion for Vulnerable Women on the Downtown Eastside by John N. Ahern

    October 23, 2022
  • Hon. KerryLynne D. Findlay, KC, PC (Endorsement)

    Hon. KerryLynne D. Findlay, KC, PC (Endorsement)

    October 12, 2022
  • Doxxed by City Hall

    Doxxed by City Hall

    September 17, 2022

Tags

Daryl F. Zanuck Google head of 20th Century Fox in 1946 Internet Social Media The importance of buyers
Follow us on Social Media
twitter

Contact Me

I want to hear from you.

Elaine@ElaineAllan.com

 

Privacy Policy

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
© 2022 - Elaine Allan Technology & Business Blog