This was extremely interesting. Thanks for sharing! The fragility of supply chains is terrifying, and in terms of risk mitigation that companies do in other areas, it's surprising that redundancy...
This was extremely interesting. Thanks for sharing!
The fragility of supply chains is terrifying, and in terms of risk mitigation that companies do in other areas, it's surprising that redundancy and strong supply chains aren't much more staple. The cost/benefit seems to skew so heavily towards benefit over time; the risk is so huge if your one supplier doesn't deliver.
There are also risks when stocking up. Some components might expire unused, or go unused because plans change. Just as, at home, some people stock up on food or other essentials more than others,...
There are also risks when stocking up. Some components might expire unused, or go unused because plans change. Just as, at home, some people stock up on food or other essentials more than others, and sometimes it never gets used.
Whether to rely on other people’s inventories or have your own is a balance that’s easy to get wrong.
This was extremely interesting. Thanks for sharing!
The fragility of supply chains is terrifying, and in terms of risk mitigation that companies do in other areas, it's surprising that redundancy and strong supply chains aren't much more staple. The cost/benefit seems to skew so heavily towards benefit over time; the risk is so huge if your one supplier doesn't deliver.
There are also risks when stocking up. Some components might expire unused, or go unused because plans change. Just as, at home, some people stock up on food or other essentials more than others, and sometimes it never gets used.
Whether to rely on other people’s inventories or have your own is a balance that’s easy to get wrong.