A GLOBAL survey of 1,800 supply chain leaders showed slow progress in making supply chains more flexible and resilient, according to a recent International Data Corp. (IDC) study sponsored by Kinaxis Inc.
For at least the last 30 years, the world has been designed around Just in Time manufacturing, which keeps as little raw material in stock as possible.
Duh?
For at least the last 30 years, the world has been designed around Just in Time manufacturing, which keeps as little raw material in stock as possible.
Exactly, JIT as a philosophy doesn’t tolerate interruptions. Logistics are not resilient to supply chain shortages.