Contingency planning is all about having a backup strategy for your business in case of any unforeseen events that may knock off your plans off track. Every project undertaken in a business has a unique set of risks, therefore when project managers carry out a risk assessment and identify potential threats, a proactive backup plan

Network planning in supply chain management is a complex task that involves coordinating different individual companies, integrating several processes and activities in the supply chain network to improve the value of products or minimize system-wide cost while satisfying the demand of consumers. What is network planning in supply chain management? Supply chain network planning is

With billions of people under lockdown, trillions of dollars wiped out from global markets, and millions of jobs already lost, the COVID-19 pandemic has definitely bought the world to a halt. Even our prosperous Western world which was expected to be better prepared to fight this global health emergency is struggling. The United States has