Include all internal partners in your risk management and establish a cross-departmental team: procurement, supply chain management, production, planning and sales. This task force coordinates all activities in the current crisis.Define internally which preliminary products are critical and which ranges must be available.Coordinate closely within your existing supply chain and try to maintain collaboration with your partners in the supply chain. If you have not already done so, create transparency
– also in the tier-n supply chain:Do you know where your suppliers produce and how their supply chain is structured?
Are there risks of delayed deliveries and when could they occur?
Which areas of your production are you dependent on individual suppliers?
If there is a threat of delays or failures for critical parts, you must react immediately. Alternative suppliers and qualifications must be pursued with urgency. Here, existing processes must also be reviewed to reduce time requirements.In operative procurement, close discussions with logistics partners help to check the forecast daily. Due to the varying degrees to which the pandemic is affected and its dynamics worldwide, there are uncertainties and major differences in freight capacities and prices.As the corona crisis continues, and stability has not been established, the task force should continuously monitor supply chains, inventories and logistics in order to be able to act immediately if necessary.