Business is booming, and you have achieved your goal of driving operating costs down, which helps to drive revenues up. One of your best new products is from China, and it is accounting for a 20 percent increase in your profits.
Yesterday, a dockworkers union strike began and shut down all of the West Coast shipping docks from San Francisco to Canada. Work will resume when the union agrees to new labor contracts, which could take months.
You need to quickly assess the impact of the shutdown on your business. How will you keep business running if you cannot receive your shipments?
What strategies do you recommend to help the business continue working while the supply chain is disrupted by the strike?