In BCM, how is 'supply chain continuity' managed for critical business operations?
- Establishes alternate suppliers and diversifies supply sources
- Focuses solely on internal production capabilities
- Relies on insurance coverage for supply chain disruptions
- Shifts the entire supply chain to a single vendor
Managing supply chain continuity in Business Continuity Management (BCM) involves establishing alternate suppliers, diversifying supply sources, and creating redundancy in the supply chain. This approach helps mitigate the impact of disruptions and ensures the availability of critical resources. Understanding supply chain continuity is essential for organizations to maintain critical business operations even in the face of external disruptions.__________________________________________________
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