Article | February 28, 2024

Overcome The Supply Chain Disruptions

Source: Aquana

An unstable supply chain or supply chain disruptions may result in unavailable products, price escalation and long lead times for important components. Specifically, supply chain disruption refers to circumstances that interfere with a company’s flow of production, sales and distribution, according to Oracle. These disruptions have downstream consequences ranging from slow shipments to lower product quality or simply unobtainable products. These are obstacles encountered by municipalities, water districts, vendors and manufacturers alike. Yet, as government agencies, municipalities and water districts plan spending annually. Supply chain disruptions put funding and publicly announced project timelines in jeopardy.

In recent years, municipalities have experienced a variety of supply chain disruptions such as COVID shutting factories, shipping delays or even vendor and supplier businesses going bankrupt. Most organizations are familiar with the impact of COVID however, the impacts of the pandemic supply chain ripple effect are still felt today. While COVID may have exaggerated challenges, struggling with supply chain availability is nothing new.

 In a global economy, organizations depend on products and supplies from all over the world to help their business and communities run smoothly. Organizations need strategies to cope with and ultimately overcome these delays and setbacks.

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