Unlearn … Just in Case
Posted in Business, General, Management, Manufacturing, New Cards, Retail, Supply Chain
The global supply chain is an impressive feat of modern management. The problem is that in its quest to squeeze out ever greater efficiencies with its "just-in-time" system of inventory it has left itself extremely vulnerable to large, rare and unpredictable events such as the recent Japanese earthquake-tsunami. Such events are, of course, unpredictable but…