Wake up Plan
Organisations, as they grow, find business continuity to be a risk hence have a "Back Up Plan". Its also termed as 'Alternate Strategy', 'or may be 'Plan B'. It simply means that there always is a fall back option. I have been wondering if Supply Chains also need a 'Wake Up Plan'? As Supply Chains have become more complex, highly interdependent, synchronous and almost working towards no room for 'blinking your eye' the possbility of a small lapse somewhere in the long mutli- partner chain can have tremendous cascading effects reaching very high proportions. To avoid any member in the supply chain to create a lapse, i like to have what i term as a 'Wake Up Plan'. It's just a system which keeps the system error proof so that organisations continue to march on their journey of supply chain excellence. 'Wake Up Plan'! I like my newly coined term.