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Q » What is our contingency plan for unexpected increases in shipping or freight costs?
26 Oct, 2025
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A » To address unexpected increases in shipping or freight costs, our contingency plan includes diversifying suppliers to mitigate risks, negotiating flexible contracts with carriers, and optimizing logistics through improved route planning. Additionally, we maintain a buffer budget to absorb sudden cost spikes and explore technological solutions to enhance supply chain efficiency. These strategies ensure minimal impact on operations and customer satisfaction.
26 Oct, 2025
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