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Reopen - 3 – Supply Chain

(Last Updated: 6/16/2020)

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Understanding your supply chain is a critical factor in reopening and ensuring you can meet the demands of your customers. Begin by reviewing the questions below and then the topic-specific resources.
  • Have you connected with each vendor, supplier, and member of your supply chain?
  • Do you have a clear picture of each link in your mission-critical supply chain?
  • Have you clearly communicated your needs and expectations to your suppliers?
  • Is there a need to renegotiate pricing or payment terms with those in your supply chain?
  • Do you have defined alternatives in the event that one or more of your suppliers is unable to meet your needs?
  • Is there a plan in place for continuously analyzing the performance of your supply chain?

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To help sort out your responses, reach out to the New York SBDC nearest you in order to schedule a confidential, one-on-one session with an advisor.