4min chapter

HBR IdeaCast cover image

Creating More Resilient Supply Chains

HBR IdeaCast

CHAPTER

Process Improvement - What Is Your Favorite Solution?

Risk assessment is really key, ok? Because as you look through those tears, then you can say, well, how easy is it for me to substitute somebody else? Are there alternative sources of supply? Find those ones where they have a high revenue impact to me if one or more of those suppliers is unable to deliver. So the solutions you've mentioned so far, one is stock piling. Another is bringing sourcing oser to home, and then process improvement. That seems to be your favorite solution. Process improvement is my favorite one, especially for companies, like in high cost regions like h u s or europe....

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