You have an amazing idea for a new product (yeah you!) and you think you have it all worked out. You take your business plan to the bank and secure a small business load. You are ready to go! Or are you? Consider the product or service you will offer. (Please name it - I can't read your mind J) You will need to get supplies from someplace in order to make/offer/do whatever it is you are in business to sell or do. How will you ensure you have the supplies you need when you need them? How will you manage inventory? Will you be loyal to one supplier or have multiple vendors to choose from? What if something happens (fire in the warehouse; COVID; strike among truck drivers, etc.) that prohibits your ability to get your materials - what will you do? Essentially, how will you manage your supply chain? What parts can you automate (these will be logical based on whatever your business or service is and will differ for each of you).