I. First Step: Understanding How Supply Chain Disputes Arise
A. Most common types of supply chain disputes
B. Arising from issues related to:
1. Failure to properly vet suppliers
a. Often selected because they are the lowest cost
b. Quickly learning that cost is not the only consideration
c. Troubled supplier issues (more and more common with tech-related companies that do not have financial stability)
d. Poor quality suppliers
e. Failure to visit and inspect the supplier’s facility
f. Not understanding the supplier’s supply chain and its stability