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SUPPLIERS

Collateral Damage

Advice is the only commodity on the market where the supply always exceeds the demand.

—AUTHOR UNKNOWN

INTRODUCTION

Every business has suppliers. If you have not been farsighted in dealing with the impact that a disaster may have on your ability to work with them, it may result in financial and operational hardships for your company. Some disasters have the ability to not only shut down your business for a time but could also affect your suppliers’ ability to provide the necessary goods for your business. If this happens, your business suffers. For example, if a tornado hits a section of the community where your supplier for raw materials is located, that supplier might not be able to produce the goods you need ...

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