The pandemic has put supply chains under strain highlighting vulnerabilities and exposing weaknesses – in particular the reliance on just-in-time (JIT) logistics solutions.
When up and running, JIT – where operations receive inventory only as it’s needed for production – is efficient and cost effective but can fail or falter when faced with disruptions.
And there have been plenty of those over the past 12 months.
What is extraordinary is that apart from a few hiccups, right at the beginning of lockdown, there have been few instances where the supply chain has failed to the level where there are empty shelves for weeks on end and multiple business failures.
This has to be down to the ability of logistics sector to build resilience into the supply chain and move from a just-in-time to a just-in-case model or some type of hybrid.
But how did they do it? What challenges did they face and how were these overcome? How quickly can you go from just-in-time to just-in-case supply chain solution in the middle of a pandemic? This webinar hopes to shed some light on that and highlight the factors that are critical to facilitating it: people and property.
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