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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . At that time, 31% had raised prices on end consumers to offset the negative impact. What is just-in-time procurement?

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Just-in-Time vs Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. At that time, 31% had raised prices on end consumers to offset the negative impact. What is just-in-time procurement?

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Global Supply Chains — A Source of Strength

Enterra Insights

At the time, Bain & Company analysts observed, “Leaders must grapple with a longer-term question: How should we retool our supply chain to protect against shocks while staying competitive on cost and value? There has been plenty of bad supply chain news over the past year. But as the Suez Canal crisis shows, looks are deceiving.”[3]

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The Importance of Transportation Visibility

Logistics Viewpoints

Real-time visibility tools are often thought of as an over-the-road technology. This includes port data, social media, news, event and weather (SNEW) data, weather data (to some degree), traffic data, and other available sources to provide an accurate ETA to warehouses, stores, and end consumers.

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How Manufacturers Can Restart or Ramp Up Operations Safely and Effectively

USC Consulting Group

While business owners by and large understood that this would be the case, they’re nonetheless doubling their efforts to get operations as close to normal as quickly and as safely as possible in a bid to make up for lost time. As early as February, roughly 60% of manufacturing firms in the U.S. Employers taking precautions .

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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. Natural disasters. Geopolitical events. Tariffs and trade regulations. The rise of ecommerce. The growing influence of social media.

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Global Supply Chain Disruptions: Covid-19’s Ripple Effect Continues + 5 Changes Needed for 2022

ToolsGroup

As a result of COVID, this year has seen the “normal peak” shift by at least two months (as demonstrated in the graph below) due to numerous delays in getting raw materials, production taking time to ramp back up, a lack of containers at origin, and lack of space to put them at their destination. . Image source: Bloomberg.