Assessment and Mitigation of Supply Risks

Procurement has the task of providing an organization with required but not self-produced goods. Due to the collapse of global supply chains during the SARS-COV2 pandemic, procurement faced major challenges. Goods that were actually easily available on global markets became critical bottlenecks. It turned out that additive manufacturing can mitigate these bottlenecks. For example, medical spare parts were produced using additive manufacturing. This article examines how additive manufacturing is changing the procurement risk of materials. A comparison is made between traditional and additive supply possibilities based on a survey. The result is a combined procurement strategy, which ensures an improved availability of critical goods.