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New data from the Hackett Group’s Working Capital Survey indicates that the global supply chain this year, facing inconsistent lead times and shipping delays, has made some drastic strategic changes toward the use of buffer stock. In a survey of 1,000 nonfinancial companies’ working capital levels, inventory balances increased from $1.19 trillion a year ago…
Recent market analyses have painted a disturbing picture for the future of the global supply chain, at least in the short term. What is even more disturbing, however, is that supply chain leaders seem to be making few steps to meet the anticipated tough times ahead. According to a new study from consulting company Accenture,…
Amid ongoing issues related to the COVID-19 pandemic — which most recently have taken the form of a global chip shortfall that has the attention of lawmakers around the world — there is renewed focus on the importance of manufacturers building and maintaining long-term relationships with their suppliers and EMS providers. Continuing the Conversation on…
The COVID-19 pandemic has highlighted even the most minor vulnerabilities in the modern supply chain — and supply chain executives are taking every precaution to ensure that for the next great black swan, their supply chain resilience is improved. Supply Chain Resilience and Agility Is Critical This fact is made clear in a new global…