Allocation of Insufficient Supply

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Manage episode 298585723 series 1237020
Player FM과 저희 커뮤니티의 Rebecca Morgan 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.

With labor, plastics, chips, cans and many other global shortages, demand is far greater than supply for many manufacturers. The question is: How best do we handle that?

Allocation is the term for allocating your limited supply. It should always start with a strategy — 100% to top customers, or split among markets or customers, or something else. Once the market-facing strategy is in place, execution must be flawless.

Truth and honesty are crucial, as your customers need that to plan their own business reactions. Constant communication of what and when that they can use is one side of the coin; constant commuication of honestly what they need and when, considering other shortages they are facing themselves, is the least they can do for you.

While working to resolve the shortages you face in a critical path mindset, serve your markets as best you can. These scenarios are horrible times to over promise.

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