Business Scenario for role play by Swarnika Pandey

2025-03-18 12:33:50 UTC

2025-03-18 12:35:23 UTC

To handle supply chain disruptions caused by suppliers, companies should adopt a multi-supplier strategy to avoid dependency on a single source. Backup suppliers and long-term contracts ensure continuity during emergencies. Nearshoring or local sourcing reduces risks associated with global supply chains, while maintaining a safety stock of critical materials helps buffer unexpected delays. Building strong supplier relationships through collaboration and transparency improves resilience. Additionally, real-time tracking using AI, IoT, and blockchain helps predict issues before they escalate. These strategies together ensure business continuity and minimize the impact of supplier-related disruptions.

2025-03-18 12:36:55 UTC

To create customer awareness and promote our product the following steps can be taken:

1- sampling as our quality is good and can be our USP

2- collaboration

3- social media marketing

4- blogging

5- paid advertisements

6- promotions (Banners)

2025-03-18 12:38:08 UTC

Identify Alternative Supplier
Diversify Supplier
Emergency purchase

2025-03-18 12:38:30 UTC

To resolve conflicts and maintain teamwork:

1. Listen to both sides and understand their perspectives.

2. Focus on shared goals and the company's mission.

3. Encourage open and respectful communication.

4. Seek common ground and compromise.

5. Make a decision together, or agree to disagree and move fo towards

2025-03-18 12:39:47 UTC

•Educating & making customers aware through Social Media

•Implement required changes in operations

•Active relationship with customers

•Being transparent,honest & loyal

•Innovate services based on emerging needs and preferences

•Tracking most frequent complaints to work upon