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  • Two Kinds of Supply Chain Risk and How to Prepare for Them
    People think of supply chain risk, they often think about the impact of major unforeseen “headline grabbing” events - like the tsunami in Japan impacting automotive supply chains or horse meat making its way into British beef supplies. These are big, important and often unpredictable risks. But there is another kind of supply chain risk that isn’t as newsworthy and yet can also be important to the company. These are usually not global events, but disruptions that are internal to the company or at least specific to the company’s supply chain. For instance, a small supplier going bankrupt, a bad…
    Written on Friday, 29 March 2019 10:23
People think of supply chain risk, they often think about the impact of major unforeseen “headline grabbing” events - like the tsunami in Japan impacting automotive supply chains or horse meat making its way into…
Source: Gartner Research Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into…
Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service…