How is your business preparing to deal with future natural disasters or epidemics?

IT Strategy & RoadmapResilience

Having parallel/alternate supply chains11%

Reducing dependence on one nation for manufacturing45%

Having a business continuity plan28%

All of the above13%

Other (please share below)

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Director in Manufacturing3 years ago

We had spent significant time and energy to single source a lot of things to drive cost savings. Now our strategy where possible is to do 50/50 or 60/40 split with two vendors. Hopefully if one is impacted we can shift to the unimpaired vendor. We shall see if that works better

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