These events often happen without formal notice, causing considerable disruption; however
they can usually be anticipated with the right intelligence systems in place. Contingency planning
for such an event is an important control process inside the company and this will be described
later in this section. Supply risk extends as well to logistics service providers (LSPs), who fulfil the
‘links’ in the chain. If a supplier’s product is available, but the LSP is late delivering (or loses) the
product, the company will experience supply variability, albeit usually of a temporary nature.