Two actions firms can take to avoid serious supply chain disruptions caused by n

ID: 372888 • Letter: T

Question

Two actions firms can take to avoid serious supply chain disruptions caused by natural disasters.

1.Information technology:

-There are a number of Enterprise Resource Planning technologies in the field of supply chain management.

- These Technologies helps firms to be proactive when handling natural disasters.

- These ERP's control the information flows and helps in communicating effectively

- ERP systems shows where the products are stuck, cost involved, insurance coverage for the same etc

- they also help in eliminating risk which occurs due to natural disaster

- this concept covers the agility factor of supply chain disaster management

2. Predictive Data Analytics:

- Data Analytics is an important technique through which firms can avoid disruptions.

- many countries predict the natural disasters to occur

- Hence collecting these news and datas are important

- The firm needs to keep itself updated and keep analysing the data to adopt predictive modelling style.

- This covers the alignment concept of supply chain management

Name two actions firms can take to avoid serious supply chain disruptions caused by natural disasters.

Be concise, clear and to the point. Must incorporate of any of The 3 As: agility, adaptability and/or alignment.

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