Key is to buy in small volumes. Don’t buy your full requirements in one lot like you were doing in normal situations. By buying in small volumes you can also take price advantage in down trend. This way you can manage your inventory and continuity of business.

To ensure quality standards during supply chain disruptions, maintain strong communication with suppliers to identify alternative sources and materials quickly. Implement robust contingency plans, including thorough inspections of incoming materials. Use real-time data to monitor production processes and make adjustments as needed. Foster a culture of flexibility among your team to adapt to changes without compromising quality. Regularly review and update quality control protocols to address new challenges effectively.

1.Diversify Suppliers - Multiple Sources: Establish relationships with multiple suppliers to reduce dependence on a single source. - Local Options: Consider local suppliers to minimize disruptions caused by global supply chain issues. 2.Enhance Inventory Management - Safety Stock: Maintain safety stock levels to buffer against shortages. - Forecasting: Use data analytics to improve demand forecasting and adjust inventory accordingly.

Below are my thoughts - Foucs on robust / polka yoke validated process you develop during release of parts at suppliers - Ensure suppliers have regular follow ups on process capabilities, internal release and inspection frequency monitoring define and established - communicate impact of production stop at end customers to bring awareness at input material supplier level