{"id":27010,"date":"2025-07-24T12:47:05","date_gmt":"2025-07-24T11:47:05","guid":{"rendered":"https:\/\/www.moorethompson.co.uk\/blogs\/?p=27010"},"modified":"2025-07-24T11:47:38","modified_gmt":"2025-07-24T11:47:38","slug":"how-adaptable-is-your-business-to-supply-chain-disruption","status":"publish","type":"post","link":"https:\/\/www.moorethompson.co.uk\/blogs\/how-adaptable-is-your-business-to-supply-chain-disruption\/","title":{"rendered":"How adaptable is your business to supply chain disruption?"},"content":{"rendered":"<p><em><strong>By Mark Hildred, Managing Partner\u00a0<\/strong><\/em><\/p>\n<p>In today\u2019s world, volatility and instability are rife and pose genuine threats to any supply chains that may be essential for your business.<!--more--><\/p>\n<p>For businesses that import or export, the recent global economic turmoil, coupled with conflicts and natural disasters, has resulted in a great amount of uncertainty.<\/p>\n<p>Domestically, rising inflation and the cost of living have disrupted business in the UK.<\/p>\n<p>If your business is still relying on static financial forecasts that are conducted annually, then how can you hope to keep up with an ever-changing world?<\/p>\n<p>We want to help modernise your financial prospects by teaching you the art of dynamic forecasting.<\/p>\n<h3><strong>How can financial forecasting keep up with the modern world?<\/strong><\/h3>\n<p>The sheer volume of information that is accessible can sometimes feel overwhelming, but by learning to utilise it effectively, you can keep track of essential considerations.<\/p>\n<p>In this case, doomscrolling your social media feeds might actually help you.<\/p>\n<p>Supply chains are impacted by more than just economic factors, so being aware of events happening across the world is important.<\/p>\n<p>Understanding how political or geological volatility could disrupt suppliers, buyers, or even trade routes themselves is essential if you want to be ready for all eventualities.<\/p>\n<p>Gaining this greater holistic view of the world can not only be useful for protection, but could be a key to finding new markets or suppliers that are suited to your needs.<\/p>\n<p>You cannot afford to have an irreplaceable part of the supply chain anymore, as events beyond your control could cause major disruption.<\/p>\n<p>Being flexible and knowledgeable can unlock new levels of dynamism that will help your business weather any hardship.<\/p>\n<p>Speaking of hardship, it is definitely worth factoring some nightmare \u2018what if\u2019 scenarios into your forecasting so you know what to do when things go wrong.<\/p>\n<h3><strong>Can cash flows keep pace with financial forecasting? <\/strong><\/h3>\n<p>When creating accurate financial forecasts, you need to be realistic about cash flows.<\/p>\n<p>If you have known reliability issues with any part of your supply chain, then it is worth considering the long-term impact of this on your cash flow.<\/p>\n<p>Buyers who are consistently slow or late with payments need to be dealt with, as do suppliers who are overcharging you.<\/p>\n<p>Do not be afraid to take your business elsewhere if that means you will actually have a business in a year\u2019s time.<\/p>\n<p>When possible, leveraging technology can be a good way to manage your financial forecasting.<\/p>\n<p>You can create automated processes where data is compiled in one centralised location, allowing you to more easily keep track of money coming in and out.<\/p>\n<p>The better visibility you have over your finances, the more dynamically you will be able to react to any supply chain issues.<\/p>\n<p>Seeking professional advice is always wise when dealing with the ever-changing nature of the global economy.<\/p>\n<p>We are on hand to help you go through your finances and route out anywhere that you are being held back or places where you should be getting a fairer deal.<\/p>\n<p>Our team can also help you plan and prepare for the future to give your business the best chance of survival, regardless of what lies ahead.<\/p>\n<p><strong>To learn more about surviving supply chain struggles, <\/strong><a href=\"https:\/\/www.moorethompson.co.uk\/contact-us\/\"><strong>speak to our team today<\/strong><\/a><strong>. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mark Hildred, Managing Partner\u00a0 In today\u2019s world, volatility and instability are rife and pose genuine threats to any supply chains that may be essential for your business.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,4,132,131,27,28,29],"tags":[],"class_list":["post-27010","post","type-post","status-publish","format-standard","hentry","category-blog","category-business","category-managing-partner","category-mark-hildred","category-sme","category-smes","category-smes-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How adaptable is your business to supply chain disruption? 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