November 23, 2018
Is your business seasonal? What are you expecting? Is anyone in your supply chain focused on seasonal business? Perhaps you should find out!
What Should We Consider and/or What Impacts Could Arise?
Have you prepared for the holiday season? I find this is somehow a common issue among clients. The smartest of clients tend to miss holiday season trends. For example, I worked with one client for several years and key workers took off during the holiday season for extended vacations every year yet it seemed to be a constant surprise when we struggled to keep up with demand. Of course, our customers demand didn’t decrease, even in a non-holiday industry. Of course, clients focused on consumer products always struggle to predict holiday sales as you cannot start producing in December! When I worked with Coca-Cola Enterprises, employees only got Christmas day off because holidays were always BIG.
Think beyond your company. Given the statistics above, do you think your carriers might be a bit busy during the holiday season? How about your suppliers that might supply other holiday-intensive industries? Your trusted advisors? No matter the supply chain partner, perhaps a heads up surrounding holiday activity and expectations would be a good idea. Holiday season volatility is another good example of why you should create a resilient supply chain to navigate disruption and achieve peak performance. Check out our new video and article series as well as our soon-to-be offered Rapid Resilient Supply Chain Assessment service: