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to nd products, and even bricks, screws and roof tiles are starting to see delays. Research which of your materials are most at risk and plan ahead.” 2. Reassess any upcoming work and push back future projects if finances allow for it “Think in six month windows - where will delays a ect your business in future? It’s a sensible time to reassess the volume of upcoming work and cut back if things are looking uncertain. Maybe be cautious about taking on new projects at this time and assess how vulnerable your clients are to any economic slumps.” 3. Check in with suppliers on their availability and lead times in advance and if possible, diversify your suppliers “Communication between yourself and suppliers is more important than ever - reach out to them - before they come to you - and get an understanding of how Covid-19 has a ected their business. Depending on where you are in the chain, it can be hard to know where the shortfalls are going to come - it may be as far back as factory level - but knowing where the problems will potentially come from is always going to help. Are your suppliers having issues which will a ect your projects and contracts? “Think about any vulnerabilities in the supply chain, and ask where these will a ect you - whether this is nancially, legally, and ask what impact it could have - contracts, loan repayments, cash ow? Remember everyone is a ected, and it’s in everyone’s best interests to get the process back up and running as smoothly as possible. If you can’t reach solutions with your suppliers and lead times are too long, is it possible to diversify to nd an alternative?” 4. Order materials as soon as possible and leave nothing until the last minute “It’s increasingly looking like the delays are going to be with us until the end of the year. With that in mind, the earlier you order the materials the better things will be.” << “Think about any vulnerabilities in the supply chain, and ask where these will affect you.” RENTAL MANAGEMENT SOFTWARE PUT YOUR BUSINESS ONE STEP AHEAD FOUR DECADES OF EXPERIENCE IN DELIVERING DIGITAL RENTAL SOLUTIONS THAT ACCELERATE BUSINESS GROWTH. PASSIONATE ABOUT YOUR SUCCESS WWW.MCSRENTALSOFTWARE.COM