Thursday, March 26, 2020

Lean Supply Chains



Modern supply chains have allowed providers and facilities to go to a near just-in-time inventory system, conserving cash and limiting storage space.

Pick up the phone, log on to a website, and the next day a delivery truck rolls in with supplies.

No more.

The on-going pandemic has taught us a brutal lesson about failed supply chains, especially when the chain starts overseas, and really especially when the start of the supply chain is compromised by the same pandemic.

We have also learned lessons about depending on the federal government and strategic reserves.

Someday when we are out of the current crisis we must rethink out inventory and supply chain systems, and in particular critical items. Governments must also rethink their plans and capabilities. 

Tuesday, March 24, 2020

Corona Scams