Reduce the single-source supply and input risks, so a supplier failure cannot stop the business.
For each critical single-source dependency, name why it is a risk and choose a safeguard. The three safeguards trade cost against resilience: an alternate source is strongest, a qualified backup is faster to arrange, and a buffer stock is simplest but ties up cash. Choose per input by how critical it is.
| Critical input or supplier | Why it is single-source risk | Safeguard (alternate source / backup / buffer) |
|---|---|---|
A critical input with no safeguard is a bet that its single source never fails, which, over the life of a business, it eventually will.
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