A clothing wholesaler buys most of its inventory from manufacturers in the Caribbean.In the event a hurricane demolishes the manufacturing facility of one of its principal suppliers,the company should have which of the following?

Question

Quizplus · Accepted Answer

Contingency planning is a type of planning that involves creating alternate plans to be implemented in the event of unexpected or catastrophic events, such as a hurricane destroying a manufacturing facility. Having a contingency plan in place would allow the clothing wholesaler to quickly and effectively source inventory from alternate suppliers, minimizing any disruptions to their operations. Functionally oriented planning, supply-demand planning, and hierarchical planning do not directly address the need for a contingency plan in the event of a natural disaster.

A Clothing Wholesaler Buys Most of Its Inventory from Manufacturers