Business Resilience · Authority Guide
Supply Chain Resilience for Small Business
Supply chain shocks have moved from rare to recurring. Resilient businesses maintain dual-source relationships and inventory buffers.
Executive summary
Supply chain shocks have moved from rare to recurring. Resilient businesses maintain dual-source relationships and inventory buffers.
- Dual-source key inputs
- Maintain safety stock for critical items
- Document supplier risk annually
Key takeaways
- Dual-source key inputs
- Maintain safety stock for critical items
- Document supplier risk annually
- Insurance for contingent business interruption
Key strategies
Strategy 1
Dual-source key inputs
Strategy 2
Maintain safety stock for critical items
Strategy 3
Document supplier risk annually
Strategy 4
Insurance for contingent business interruption
Pro-tips checklist
- Audit suppliers annually for financial health
- Establish secondary suppliers before needed
FAQ
What's contingent business interruption?
Coverage for losses when a key supplier or customer is disrupted, even if your operation is intact.