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The Water Cooler
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Supply Chain Problems
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<blockquote data-quote="SlugSlinger" data-source="post: 3645556" data-attributes="member: 7248"><p>Something not mentioned related to supply chain management is JITI. Just in time inventory that has been popular since the Japanese developed Six Sigma. To reduce the costs of maintaining a large inventory, most companies were keeping just enough inventory of products to sell or raw goods to manufacture their goods for a short period of time, they have used all the inventory and can not replace it in a timely manner. It’s all most like living paycheck to paycheck for individuals. Both are relying on a timely replacement of resources. With the .gov shutdowns, that cannot happen. The elitist have started the biggest economic catastrophe in history. What is worse, a virus that has a 98% survival rate that has shut down the world or a world wide food shortage that will kill billions?</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3645556, member: 7248"] Something not mentioned related to supply chain management is JITI. Just in time inventory that has been popular since the Japanese developed Six Sigma. To reduce the costs of maintaining a large inventory, most companies were keeping just enough inventory of products to sell or raw goods to manufacture their goods for a short period of time, they have used all the inventory and can not replace it in a timely manner. It’s all most like living paycheck to paycheck for individuals. Both are relying on a timely replacement of resources. With the .gov shutdowns, that cannot happen. The elitist have started the biggest economic catastrophe in history. What is worse, a virus that has a 98% survival rate that has shut down the world or a world wide food shortage that will kill billions? [/QUOTE]
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