Supply chain risks: The knowable unknowns that can hurt your supply chain!
SEPTEMBER 6, 2017
by Dr. Madhav Durbha CSX, one of the only two railroad operators in the USA that handles nearly all the shipments that move by train east of the Mississippi River has been experiencing serious challenges since the month of May. This has led to increased costs, not to mention all the inventory stuck in-transit. Often times, someone in the procurement organization is aware of change in lead times through supplier monitoring/scorecarding, supply chain risk management and such.