Why is it important for an organization to define events and timescales that trigger reconsideration...

It allows the organization to reduce its staff time addressing changes in the external context

It helps the organization avoid the need for hiring consultants or law firms to recommend how to respond to changes in the external context

It eliminates the need for supply chain management and procurement activities on an ongoing basis and only requires response to defined events in the supply chain

It ensures that the organization remains responsive and adaptable to changes in the external context that may impact its operations and objectives