Webinar to Offer Practical Solutions to Protect Your Business Amid Supply Chain Crisis

supply-chain-disruptionsMarch 9, 2022 | With supply chain issues expected to continue and even worsen throughout 2022, what can companies do to minimize their risk in the current environment? An upcoming Toy Association webinar will share practical knowledge and resources to help manufacturers and distributors maintain positive relationships with vendors while protecting their businesses.

Ways to Protect Your Company Through the Ongoing Supply Chain Crisis,” taking place on March 31 at 2 p.m. (Eastern), will address the effects of reduced manufacturing due to raw material and/or labor shortages, the cost of shipping/3PL costs, port access, cross-country freight, and how these issues impact leveraged businesses and bank covenants. It will also differentiate between short-term solutions versus long-term needs.

Presenters will also offer pragmatic solutions including:

  • customizing terms and conditions to minimize or eliminate unnecessary liability to a customer when you can’t source raw materials to fulfill purchase orders on a timely basis
  • ways to extricate your company from a supply contract that becomes impossible to fulfill on a timely basis due to supply chain issues beyond your control.

Presenters include Jason M. Torf, partner at Ice Miller LLP, and Jim Gansman, partner at Rock Creek Advisors LLC. The Toy Association’s Paul Vitale, executive vice president of finance & operations, will moderate.

Registration is now open. This webinar is open to all toy professionals; it will specifically benefit manufacturers, wholesalers, and/or distributors involved in credit, finance, and legal functions.

For more information on this and other webinars, please contact Anne McConnell, senior director of research & data strategy at The Toy Association.