substitution

Vocabulary Word

Definition

Substitution is replacing one thing with another because the original isn't available, isn't working, or for any reason at all. Imagine substituting a video call when a face-to-face meeting is difficult.

Examples in Different Contexts

In supply chain management, 'substitution' is a strategic approach. A supply chain manager might say, 'Effective substitution of materials or suppliers is essential for mitigating risks, managing costs, and ensuring the uninterrupted flow of production in the face of supply chain disruptions.'

Practice Scenarios

Creative

Scenario:

The current visual elements don't seem to be resonating with our target audience. We need to consider a more drastic redesign to capture their attention.

Response:

Agreed. Perhaps we could look at substitution for some of the color schemes or typography. Something bold might do the trick.

Business

Scenario:

The heavy reliance on our single supplier leaves us exposed to significant risks. We should consider diversifying our supply chain as a safeguard.

Response:

I agree. We should initiate discussions with alternative suppliers to minimize risk, even if it means a substitution of some of our current contracts.