Inventory cycles often swing from just-in-case to just-in-time, but recent supply chain trends are pushing manufacturers to amass unnecessarily large inventories.
As shocks in the last few years have led to far-reaching consequences for business leaders and consumers, supply chain management is headed for a reset.
The impact of the Russia-Ukraine conflict is anticipated to affect the global supply chain as both countries source materials for semiconductor production.
Nearshoring, the process of moving operations to a nearby country, has emerged as a strategic answer to lack of diversified resources caused by offshoring.