Ltlabs

Supply chain disruptions have a major impact on businesses of all sizes. They can lead to delays in shipments, higher costs, and lost sales. With the help of industrial engineering solutions , you can design, analyse, and control production and service operations to limit such interruptions. Along with this, reducing costs and optimising supply chain management systems are essential to minimising disruptions. Here are some tips to decrease supply chain disruptions: 1.     Have a Plan The first step is to have a plan in place. This should include a list of your suppliers, their locations, and their contact information. Also, it should include a list of your products and their lead times. 2.     Diversify Your Suppliers Do not rely on a single supplier for all of your products. Instead, diversify your supplier base so that you have multiple sources. This will help you reduce the risk of disruption from a single supplier. 3.     Source Locally One way to reduce costs is to source raw mate