You're facing delays in supplier deliveries. How can you ensure smooth scheduling?

Supplier delays can disrupt your rhythm. Stay in control with a proactive approach: ☑️Assess the Risks: Identify critical menu items that rely on the delayed supplies. Can you substitute or remove them temporarily? ☑️Prioritize Actions: Focus on solutions for the most pressing issues – the items that will most heavily impact your menu and customer satisfaction. ☑️Be Strategic, Not Reactive: By planning, you can minimize disruption and implement workarounds before delays hit. This allows for a calmer, more controlled response that keeps your operation running smoothly. Remember, a little foresight can go a long way in weathering supplier delays and keeping your customers happy.

Supplier diversification is key in modern business. It protects against production delays and fosters innovation. While seemingly simple, it can be challenging. Faced with a monopoly? Turn your supplier into a partner. Analyze data together and explore vendor-managed inventory. Can't find the right supplier? Nurture one. Find a company with shared vision and help them grow. Diversification isn't just risk management—it's building a resilient supply chain. It's an ongoing process requiring regular assessment of suppliers and market conditions. Remember to regularly assess your supplier base and market conditions. Your business will be better equipped to thrive in an unpredictable world.

Diversification of suppliers. Having just one supplier, the supplier will have monopoly over you. They will dictate their schedule and prices. However, when you have more than one supplier, you will make them compete to your own benefit.

other than FIFO implementation, try to maintain buffer stock of critical items with long lead times or high variability in delivery schedules. This safety stock acts as a cushion against unexpected delays without leading to significant overstock.

Also consider a Vendor-Managed Inventory (VMI) system where suppliers are responsible for maintaining inventory levels based on agreed-upon thresholds. This reduces the administrative burden on your end and ensures timely replenishment.

Create a supplier scorecard system to evaluate and monitor supplier performance regularly. Key metrics could include on-time delivery rates, quality of goods, and responsiveness. This helps identify underperforming suppliers and prioritize those who consistently meet expectations.