A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital
NC State SCRC
MARCH 25, 2021
By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. Any asset that is not producing value is considered waste, and a fundamental of “lean thinking” is that inventory is waste, and time is money.
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