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How Toyota thrives when the chips are down

(Reuters) – Toyota may have pioneered the just-in-time manufacturing strategy but when it comes to chips, its decision to stockpile what have become key components in cars goes back a decade to the Fukushima disaster. After the catastrophe severed Toyota’s supply chains on March 11, 2011, the world’s biggest automaker realised the lead-time for semiconductors…

Harvard Business Review

One Way to Build More Resilient Medical Supply Chains in the U.S

Summary.   When shortages of PPE and other medical supplies hit in the early months of the pandemic, tens of thousands of domestic producers — from individual to large companies in other industries — sprang into action and made a huge difference. They should not be forgotten after the pandemic is over. Health care organizations should factor them…

resiliency

Supply Chain Resilience

Recorded: November 15, 2020 About the podcast In our last podcast, “Supply Chains in a VUCA World”, Ron and Joseph shared the risks to supply chains in a world that is not settled and predictable (and probably will never really be).  Under such circumstances, what are some of the countermeasures that can be deployed by…