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Follow on Google News | Perils of Efficiency: Procuring Supplies During a CrisisBy: FPE Seals According to a report by Supply Management Insider, four major sectors account for almost 75 per cent of businesses — services, retail, financial services, and manufacturing and construction with the latter hit hardest by the pandemic. Shipping data reveals a focus on the needs of healthcare services, ranging from medical supplies specifically, electronics, and plastics for personal protective equipment (PPE). In the meantime, demand for fashion, vehicles, and furnishings has fallen significantly. Any supply chain is as good as its weakest link, with companies having to evolve and adapt quickly to survive the current situation. Here, we'll advise how to procure supplies during crises and how to prepare. Monitor your machinery and assets closely Although you should already be ensuring your machinery is in tip top condition and monitoring anything that might look peculiar or out of the ordinary, during the current period it's important that this is a priority. In the event that you need to procure something specific to keep your operations running smoothly and uninterrupted, you'll need to make sure you can procure it without delays or disruptions. For example, if you need piston rings (https://www.fpeseals.co.uk/ End
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