The just-in-time approach is widely regarded as an efficient and cost-effective way to manage inventory. It may have quite the opposite effect, however, if there is an unforeseen disruption in the supply chain. A delay in one part of the supply chain can have a domino effect, affecting ...
When it comes to running a business, disruptions in the supply chain can be a real curse. Supply chain disruptions can have a huge impact on a business, from delays in shipping to complete stoppages of production. A disruption in the supply chain can have serious consequences for businesses, ...
Disruptions in the supply chain and other impacts of COVID-19 may also have a negative impact on EV sales. Chinese government enforced lockdown measures in cities experiencing the pandemic. Such lockdown and stay-at-home policies reduced economic activities, disrupted supply chains, decreased person...
Facility disruptions in the supply chain often lead to catastrophic consequences, although they occur rarely. The low frequency and non-repeatability of disruptive events also make it impossible to estimate the disruption probability accurately. Therefore, we construct an uncertain programming model to ...
It’s helpful to know the number of cash buffer days your business has to get back on its feet. 2. Communicate with key stakeholders in your supply chain. Provide clarity and direction to your vendors and other people you work with. You might also need to lean on them for insight or ...
The food supply chain (FSC) is a complex and dynamic system that faces both challenges and opportunities in the era of globalization. It operates with an i
Ballot. Mitigating supply chain disruptions through interconnected logistics services in the physical internet. International Journal of Production Research, 55(14):3970-3983, 2017b.Yang, Y., Pan, S., & Ballot, E. (2017). Mitigating supply chain disruptions through interconnected logistics services ...
While there are signs that supply chains are starting to return to a more normal state—for example, prices to ship freight and containers have steadily declined—businesses are still nervous. In a recent survey, more than 80% of supply chain leaders said they expect the challenges they face ...
Combining micro data on a large-scale inter-firm transaction network and geographic information on firm location, we examine the firm level impact of supply chain disruptions occurring in the aftermath of the Great East Japan Earthquake in 2011. When we focus on exiting firms in affected areas ...
6 Key supply chain challenges—solved with integrated AI planning Read more Insight Putting AI to work for the supply chain Read more KPMG ranks #1 for quality AI advice and implementation in the US According to senior buyers of consulting services who participated in the Source study,Perceptions...