What to do when there’s an industry-wide shortage?
- Long Tern Agreements & relationship intimacy (get in bed)
- Prepay for process capacity, schedule item detail later
- ITAR Waivers – allow offshore supply
- Repatriate offshore supply
- DPASS – jump to the head of the queue
- Invest in building capacity; at suppliers, set up new suppliers
- Lobby politicians
- Redesign product
- Reduce scrap in-house and at suppliers
- Supplier process improvements (to free up capacity)
- Supplier development (lean and six sigma)
- Stockpile now
- Go down a level in the suppliers BOM and buy up supply
- Create a Strategic Supply Czar – integrate and leverage