I need help with a Business question. All explanations and answers will be used to help me learn.
Your company has relationships with several upstream vendors. Many of these vendors are local to your operation from a supply perspective. Your company can do without components from any single vendor for up to one week but no longer, or production of your primary product will cease.
The executive management team has asked you to develop a strategy for surviving a longer outage during which three suppliers might be unable to deliver. Discuss the development process associated with a plan or strategy that would allow the company to survive for up to two weeks without supplies from three of the primary vendors