83% of supply chains fail 24-hour disruption response
83% of supply chains fail 24-hour disruption response
www.manilatimes.net 83% of supply chains fail 24-hour disruption response
A GLOBAL survey of 1,800 supply chain leaders showed slow progress in making supply chains more flexible and resilient, according to a recent International Data Corp. (IDC) study sponsored by Kinaxis Inc.
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Duh?
For at least the last 30 years, the world has been designed around Just in Time manufacturing, which keeps as little raw material in stock as possible.
Exactly, JIT as a philosophy doesn't tolerate interruptions. Logistics are not resilient to supply chain shortages.
Try getting a day off at a large distributor. They are hell to deal with. I'm so glad I'm doing construction logistics now.