Updated: Feb 27
Here are some tips to help plan for possible disruptions in your supply chain:
Choose the Right Partners
Partner with a logistics expert who continuously anticipates and is always prepared for the unpredictable. This kind of relationship is critical to keeping your cargo safe and in motion. It will also give you the one thing everyone craves: peace of mind.
Make a Contingency Strategy
Always have a back-up plan as you never know what unforeseen event can impact your business. The most effective way to do this is to analyze your business and identify the areas where disruptions can potentially occur and then begin the process to strengthen them.
Anticipate the Inevitable Surge
If an unforeseen event occurs, most will want to make back what they lost. As a result, it is always a good idea to plan for a significant increase in trade, more limited carrier capacity, and higher than expected fuel surcharges.