How toBusiness & MoneySuperintelligence · 2h ago
How to Evaluate and Test a Supply Chain Contingency Plan
This workflow guides operations teams through mapping inventory risks and testing backup logistics procedures. Following these steps helps managers calculate financial exposure, automate status updates, and verify that backup suppliers can handle actual shipment volumes during a crisis.
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- 1Verify affected purchase orders and confirm expected delivery delay timelines directly with suppliers.
- 2Map inventory shortages to open customer orders to determine remaining days of stock coverage by site.
- 3Identify alternate suppliers, partial shipment expedites, and pre approved substitute parts.
- 4Use software assistants to automate carrier follow ups and update enterprise resource planning data.
- 5Simulate a multi week delivery delay using past company records to measure how fast your team reaches decisions.