First, we need to identify the category of material for which we are facing a shortage because strategies can only be created & implemented by considering the type of material. For "commodity material" you can diversify your supplier base & develop multiple vendors who can provide supplies at competitive market rates. For "bottleneck material" you should build a preferred ongoing relationship with your vendor and establish long-term contracts to ensure that timely supplies are available. For "core competency" materials you should build a strategic partnership with your vendor, certify them, & provide visibility of point-of-sale data to vendor through EDI techniques so they can manage the supply on time.

Here's how I would approach securing production in such a scenario: 1. Assess Inventory Levels: Quickly evaluate current inventory levels of critical materials and components. Identify which items are in short supply and prioritize them based on their impact on production. 2. Identify Alternative Suppliers: Reach out to alternative suppliers who may have the necessary materials. This could involve regional or global suppliers who can provide the resources on short notice. 3. Collaborate with Partners: If possible. 4. Plan for Future Shortages: After the crises, assess the root cause of the supply shortage and develop a strategy to prevent similar issues in the future, such as diversifying suppliers or increasing safety stock levels.

Follow the Crises Management plan which you have made for these types of Emergency. Let it be any product you have your plan ready to carry out necessary actions. It will guide you, to reduce the error room.

Diversifying suppliers, maintaining safety stock, and strengthening supplier relationships help mitigate shortages. Proactive forecasting and flexible sourcing strategies ensure production continuity during peak demand.