Supply chain risks: The knowable unknowns that can hurt your supply chain!
SEPTEMBER 6, 2017
An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! However, did you know there are enough lead time problems lurking in your current supply chain operations that go completely unnoticed? These are the “knowable unknowns” that can hurt your supply chain performance. For example, let’s say you modeled the lead time from “supplier A” to your manufacturing facility as 7 days.