Supply chain planning should incorporate succession planning:
“Succession planning for suppliers, ensuring ongoing company operations in the event of changes in management or ownership, was a newly added category in my company’s supply chain risk audit framework. It was becoming an increasingly important one, especially for sole source suppliers like these.”
P.S. Walmart knows the importance of making sure that goods are on its shelves. If you want to improve your in-stock stats, 8th & Walton can help. Get in touch with us today to schedule an appointment.