Question

Scenario: one of your suppliers have stopped production and you have no back up suppliers easily available. What should be your response?

1) Find alternative suppliers
2) Delay production until the supplier resumes
3) Reduce production quantity
4) Explore other sourcing options

Answer 1

When a supplier stops production with no backup available, options include finding alternative suppliers, delaying production, reducing production quantity, or exploring other sourcing options.

Step-by-step explanation:

When faced with a situation where one of your suppliers has stopped production and you have no readily available backup suppliers, there are several possible responses:

1. Find alternative suppliers: Look for other suppliers who can provide the necessary materials or products.
2. Delay production until the supplier resumes: If it's possible to pause production temporarily without significant repercussions, you may choose to wait for the supplier to resume production.
3. Reduce production quantity: If finding alternative suppliers or delaying production is not feasible, you may need to reduce the quantity of products you produce.
4. Explore other sourcing options: Consider exploring other options for sourcing the materials or products needed, such as importing from different countries or working with intermediary companies.