A contingency plan is a strategy for managing unexpected events and minimizing their negative impacts on your business, ensuring continuity and availability of critical products.
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Via our platform, you can easily mark your critical products. Once a product is marked as critical, your suppliers must fill out a contingency plan explaining how they will deal with any issues that might arise.
The suppliers are also asked to add alternate products to each critical product, proving that they have backups in case the main source isn't available.
When your most important products are always available, your business, your customers, and the community all benefit. A strong contingency plan helps you react quickly when something goes wrong and keeps your supply chain running smoothly.
Identify, track, and mitigate environmental and social risks across your value chain with streamlined, certificate-based risk management.
Visualize your entire value chain from raw materials to finished products, uncover risks fast, and prove true supply chain transparency.
Ensure business continuity by securing critical products with supplier-backed contingency plans and built-in backup options.
Get end-to-end value chain visibility to stay compliant, mitigates risks, and prove sustainability.