Inventory & suppliers
Single-source risk: build your backup plan
One supplier is one point of failure. Qualify a backup before you need it, and treat the higher second-source cost as insurance, not waste.
A single supplier is a single point of failure. A factory fire, a port delay, an MOQ change, or a sudden price hike can freeze your whole business overnight. Qualify a backup while things are calm, split volume when you can, and document your specs so switching is possible. AI drafts the checklist and spec sheet; you place the sample order and keep the second relationship warm.
One supplier is one point of failure. A factory fire, a port delay, an MOQ change, or a sudden price hike can freeze your whole business overnight.
The move: qualify a backup before you need it, split volume when you can, and document your specs so switching is actually possible. AI drafts the checklist and the spec sheet; you place the sample order and keep the second relationship warm.
What you'll learn
- Qualify a second source before you need it
- Split orders when volume allows
- Document specs so switching is possible
- Know your geographic risk