The Challenge of Rebuilding U.S. Domestic Supply Chains

The Challenge of Rebuilding U.S. Domestic Supply Chains

Summery: Massachusetts-based Shawmut scrambled to expand production to meet the soaring demand for N95 masks and hospital gowns during the pandemic. Its experiences illustrates a crucial point that policymakers should take to heart: Once a country loses its industrial commons points — the capabilities needed to support the development and production of many goods — restoring…

How Toyota thrives when the chips are down

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…

Supply Chain Resilience

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…