What are you doing to mitigate the potential supply chain issues associated with the Japanese disaster? If your business depends on technology, there is a good chance components for physical devices will come from Japan. Based on reports, the USA will see business impacts in the near future. So, how should we assess our vendors:
Identify Your Critical Vendors – Use your vendor list and identify those you use to procure your core technology based devices (e.g, cellphones, PCs, laptops, servers, scanners, etc.). Focus on those vendors who are most critical.
Rank The Vendors – Rank the vendors by impact to business, such as High, Medium or Low. Also, make sure to note if the any major purchases are in progress or are planned in the near future that could impact your business.
Monitor The Vendors – You can monitor the vendors using Google Alerts and / or by making contact with your primary representative.
Reassess Key Projects – Look at your key projects and assess if supply chain issues could impact deadlines and implementation schedules. Be prepared to reschedule timing of the projects.
Look for Alternative Sources – It never hurts to look at alternative sources for your devices that do not use Japanese components and / or have alternative supplies.
About MHA: MHA Consulting, with its decade-long track record, is a proven leader in business continuity planning, disaster recovery planning, IT best practices and data center moves and relocations. Every day, MHA helps protect trillions of dollars of global-market assets and top companies around the world rely on MHA services for the continuity of their business. For more information on MHA, contact Michael Herrera at herrera at mha-it dot com or visit www.mha-it.com.