SCLCI Early Editions: "When Crisis Impacts Your Companys' Supply Chain"

Communication is key when a crisis threatens supply chain stability.

Communication is Key in a Crisis

For busy professionals, managing a company’s upstream supply chain and procurement practices can be full of unplanned events and risk. One of the biggest challenges in this economy is dealing with crises that can delay and destabilize a company and disrupt regular business processes.

Today, we're going to talk about the actions for leaders to remember when a crisis happens. It is no surprise that the imperative actions for mitigation are all related to effective communication. 

The Importance of Communication in a Crisis: 

When a crisis hits your supply chain, there's no time to waste and even less time to plan. Whether it's a natural disaster, geopolitical disruption, labour strikes, cyber event a pandemic, or a sudden surge in demand, maintaining open lines of communication is crucial.