Monday, December 14, 2020

How to Avoid a Supply Chain Apocalypse

 


 

How to Avoid a Supply Chain Apocalypse

Dr. Tom DePaoli

What are some tactics to avoid a supply chain meltdown especially an unforeseen or calamitous event? None of us wants to experience a supply chain zombie-like apocalypse. Many organizations are starting to use ISO 28000 certification to assist in reducing supply chain risk. I recommend an alternative multi-faceted approach. There is no one size fits all in the supply chain. As the importance of supply chain management grows leaps and bounds; the supply chain professional must develop multiple options and proficient tactics to insure the continuity of the supply chain.  A key element in lessening supply chain risk is to have an alternative or backup supplier. With many organizations sole-sourcing now; having a backup supplier may seem like an antiquated traditional tactic, which has no place in a deep relationship or partnering strategy with a supplier.  Be advised it is necessary.

There are also many risk assessment methodologies available for the supply chain professional. The insurance and investments industry have many models to assess risk. The issue, as usual, for the supply chain professional, is finding the time to assess the risk and to plan for alternatives. I recommend a gradual stair-step approach. First insure your sourcing methodology addresses risk and the need for backup suppliers. Focus on your critical materials and services, not the typical off the shelve items.  Do not be afraid to ask your prime supplier or a distributer for a recommendation for a backup supplier or alternative materials. Complete a small actual order from the backup supplier to insure their capability to deliver.

In my book, Avoiding a Supply Chain Apocalypse, I note that there is no single silver bullet or quick fix, but I suggest a multi-faceted diverse approach to avoiding supply chain meltdowns. As the importance of supply chain management grows leaps and bounds; the supply chain professional must develop multiple options and proficient tactics to ensure the continuity and sustainability of the supply chain.

Many organizations have in place a crisis management team that has written procedures for incidents like threats to employees, gunmen intrusions etc. Often, they are led and formulated by Human Resources. 

The supply chain organization should also have a crisis management team that creates written documentation for various supply chain meltdown scenarios. This is a great subject to network with and gain knowledge from other supply chain organizations.

Finally, a supply chain organization can never completely eliminate risk but it can plan ahead for the inevitable disruptions to the supply chain. Take to first small steps before misfortune strikes.

 

Tom DePaoli

Avoid supply chain black swans. #supplychainsolutions #supplychain #supplychainmanagement

https://www.linkedin.com/pulse/how-avoid-supply-chain-apocalypse-dr-thomas-tom-depaoli

 

Dr. Tom DePaoli, (Dr. Tom or Captain Tom), is currently an independent management consultant, the CEO of Apollo Solutions, which does general business consulting in the human resources, supply chain and lean six sigma areas. His organization was self-founded in 1995. He retired as a Captain from the Navy Reserve. In other civilian careers, he was a supply chain and human resources executive with corporate purchasing turnaround experience and lean six sigma deployments. He has worked for over ten major companies and consulted for over fifty organizations throughout his career. Some of his consulting projects include: information systems projects, re-engineering organizations, organizational transformation, e-procurement, e-commerce, change management, leadership training, creativity improvement, global sourcing and negotiating, especially information based negotiations. His industry experience is in the chemical, paper, DOD, pharmaceutical, IT, startup, automotive, government, consumer, equipment, business services and consulting industries. He has been published extensively in journals, magazines and books. He is the author of eleven books all available on Amazon.  He has instructed at six education facilities in numerous roles. He is active in supporting the YMCA, Wounded Warrior, and the prevention of the bullying of children.

 

https://www.amazon.com/author/tomdepaoli    = Dr. Tom’s Amazon author’s page

http://www.apollosolutions.us  = Website of Apollo Solutions his business

drtombooks.com  = More information on Dr. Tom’s books and writings

http://www.linkedin.com/pub/dr-thomas-depaoli/0/736/6b3/  = LinkedIn home page

https://apollosolutionsbooksandconsulting.blogspot.com/   = Dr. Tom’s blog

@DrTomDePaoli = Twitter    https://twitter.com/DrTomDePaoli

https://www.facebook.com/ApolloSolutionsConsulting = Facebook of Apollo Solutions

 

 

 

 

Contact Dr. Tom = thomasdepaoli@yahoo.com drtombooks.com for newsletter sign up https://drtombooks.com/contact/ My Books link: https://www.amazon.com/Tom-DePaoli/e/B003XSV1IQ

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