A couple of headlines caught my attention this month because they highlight different types of supply chain risk.
In Boeing’s case, the company is taking steps to minimize supply risk, especially in the wake of a natural disaster like the Japan… Continue reading
One of my favorite books is the classic “Catch-22” by Joseph Heller. In the book, the main character, Yossarian, is desperate to find a way to avoid combat missions. Those missions, in the long run, would almost certainly get him killed. So, he wanted to be classified as insane to avoid those missions.
“There was only one catch and that was Catch-22, which specified that a concern for… Continue reading
If you weren’t significantly impacted by the Japan earthquake, or any other recent supply chain disruption, was it luck or preparation?
This was one of the key questions Bindiya Vakil raised in her presentation “Supply Chain Crisis Prevention & Preparation,” which she gave a couple of weeks ago at the CSCMP New England Roundtable Executive Breakfast… Continue reading
In an average year, 134 strong earthquakes (magnitude 6.0 to 6.9 on the Richter scale) and 17 major or great earthquakes (magnitude of 7.0 or greater) take place around the world. Although many strike remote and less-developed sections, some hit major centers of economic activity. When they hit, they expose the vulnerability of global supply chains.
So begins Chapter 2 of “The Resilient Enterprise” by Dr. Yossi Sheffi… Continue reading
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Guest Commentary: A Lesson from Japan Earthquake: Countries Can Be Critical Paths
It goes without saying that in manufacturing, often the company with the shortest lead time is the winner; whoever gets the hottest new product to market the fastest gets the trophy at the end of the race. Our customers have it down to a science, but bumps still come up from time to time. There’s a term they use to describe the part of a product that drives the overall… Continue reading
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