Remove 2007 Remove Chicago Remove Procurement Remove Sourcing
article thumbnail

2020 Requires Big Wings and Feet

Supply Chain Shaman

Ironically, inventory levels today are higher than they were in 2007; yet customer service levels issues abound. Most can only measure functional costs—transportation, manufacturing, and procurement. The two primary buffers in the supply chain are manufacturing capacity and inventory. The reason why? The answer is simple.

article thumbnail

We Need Supply Chain Immunity, not Resiliency: A Position Paper

NC State SCRC

Supply chain resilience generally means the ability to manage risk and be best positioned to respond and even gain advantage from disruptions (Sheffi, 2007). [1] Not only were we not prepared, but our previous strategies had left us crippled by overseas supply chain dependencies, often accrued through the pursuit of low cost procurement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

I am writing this post from a hotel room in Chicago. Seasoned supply chain professionals used the mental model from the recession of 2007 as a guidepost.) Planning taxonomies change to enable the trade-offs between source, make and deliver based on market signals and the design of supply chain flows to enable this shift.

article thumbnail

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. For example, demand planning does not flow to procurement or transportation. My forecast? Our supply chains are weaker at planning.