As I am writing this, in mid-2022, we're living in pretty unprecedented times. The Covid pandemic is ongoing, tensions between major world powers are at a high, previously solid supply chains and business practices are crumbling, inflation … [Read more...]
Supply Chain Risk Management, Part 4: How Much Inventory Do You Need?
If you make sure to sit on 6 months of inventory for every one of your major products, you will run much lower risks of being unable to supply your customers with what they need. You might even be able to cut a current manufacturer off and … [Read more...]
Flexible Manufacturing in China: How To Set It Up
It is easier than ever for foreign buyers to have a manufacturer handle high-mix, low-volume orders, with short lead times. In other words, flexible manufacturing. … [Read more...]