Having 6 months to look for a new supplier while having the required products delivered as planned Avoidance of a potential 100% increase in price Disadvantage Difficult to find a new supplier in a short time period EW may not be able to deliver the expected product due to the political situation and already performing under capacity 2) Code C reviews and readjust contract with EW and multisource Advantages Future single source supplier dependency is reduced Established relationship with EW is kept, thus less risk of not finding a viable supplier Disadvantages Higher costs incurred with the price increase even after negotiation, plus costs of switching some operations to different suppliers EW may have greater issue with the government which may affect their product quality and supply making it a nonviable supplier to work with ecommendation ode C reviews and readjust contract with EW and multisource Steel supply is Code C's key material for production; thus, it is a risk to drop EW as a supplier, due to established relations and the uncertainty of switching to a different one in time that could satisfy quality, delivery, and costs requirements Distribute the required amount of steel between EW and new suppliers in order to maintain existing quality of the product, without enduring the full costs of the price increases Create a monitoring agent for current and new suppliers to oversee and predict sudden supply shortages With new contracts, implement a maximum price increase agreement in order to avoid unbearable price rises ley Takeaways Crucial to implement certain risk management limits in the contract to avoid unexpected or unbearable price increases