How to be better prepared for Supply Chain Disruptions

Supply chain disruptions are not a problem isolated to a few unlucky companies – every business that uses a supply chain will experience a disruption at some point. It may be small enough to work around easily, but it can also be large enough to bring the normal momentum of business to a screeching halt.


So how can you avoid or position your business so it is better equipped to handle a supply chain disruption? 


Build redundancies within your supply chain. Keeping more than one supplier or service provider on call will add flexibility into every aspect of your supply chain so that when one fails, you have a back-up.


On that same note, when selecting a 3PL or 4PL to work with, always look for multi-client service offerings. These will help you distribute costs like overhead, labor, and warehousing by sharing them with peers – driving your financial liability in a disruption down substantially.


The cost savings of this approach also means it’s more affordable to warehouse safety stock, keeping you better prepared in a shortage of finished products or manufacturing components.


In closing, attractive attributes like redundancy and flexibility do come with up-front costs, but the expense of not having them in a disruptive crisis is far higher. Shore up your own disruption defenses and look to form beneficial partnerships with companies like Millennium Logistics with experience in multi-client services.


If you’re interested in learning more about our services and experience with multi-client services, contact us today. Remember, you will need a contingency plan for a disruption at some point in your operation, and as the saying goes, an ounce of prevention is worth a pound of cure.

inventory management

Latest Blog Post

Millennium Logistics Oct 3, 2019

How does Spot Market Freight work?

  Have you ever wondered about how the product you buy from a store ended up there? The complexities of […]

Millennium Logistics Sep 26, 2019

What are Freight Brokers?

  If you have never worked with a freight broker or are considering working with a freight broker. Here is […]

Millennium Logistics Sep 19, 2019

Supply Chain Visibility

  Supply Chain Visibility refers to understanding what goes on between the start and end of a process. With supply […]

Millennium Logistics Sep 12, 2019

The Future of Last Mile Logistics

  In order to keep up with the evolving customer expectations and high volume of deliveries, these three innovations in […]

Millennium Logistics Sep 5, 2019

Implementing a Safety Program for Your Drivers Saves Money

  Collisions are impossible to predict, and when they happen, they can cost your company millions. To combat this, you’ll […]

Millennium Logistics Aug 22, 2019

Reduce Transportation Costs by Optimizing Your Last Mile Logistics

When materials and components routinely cross thousands of miles in their supply chain, it seems implausible that the last tiny […]

Millennium Logistics Aug 15, 2019

How to be better prepared for Supply Chain Disruptions

Supply chain disruptions are not a problem isolated to a few unlucky companies – every business that uses a supply chain […]

Millennium Logistics Aug 8, 2019

Tips for Improving Your Shipping Process

If your business can not afford to hire a 4PL company like Millennium Logistics to create an effective and efficient […]

Millennium Logistics Aug 1, 2019

Benefits of Using a 4PL (4th Party Logistics) company

Implementing a 4PL freight management system can bring clients many benefits including access to a uniform process via a transportation […]




If you dont find your answer here, give us a call at 508-541-9000

Does Millennium provide services throughout the 50 states.
Does Millennium have on line tracking?
How are carriers vetted?
Does Millennium provide crating and packaging services
Does Millennium provide cross dock and short term warehousing?
Does Millennium provide air ride and blanket wrap services?

Send Us A Message

Need to send us a message? Fill-Out the form below
and we will get back to you within 1 business day.

    Call Now ButtonCALL NOW