As many of you will be well aware, the last 18 months have seen unprecedented supply chain constraints and stock shortages for reasons that you will already be familiar with.
Supply Chain News & Insights
When Just-in-Time Just Doesn’t Work
Just-in-time (JIT) is a management philosophy that Toyota developed in the 1970s to meet consumer demands with minimum delays. It needed close coordination with suppliers to ensure that production components arrived in time for…
Supply Chains: Finding Resilience in Automation
We often take supply chains for granted, but the recent pandemic has highlighted the need for greater resilience. The supply chain is an integral part of business and not for dismissal as someone else’s…
Single Sourcing reduces Machine Builder costs
When it comes to new production lines, the automotive industry focuses on reducing its supplier base to improve efficiencies and reduce costs. Tangible benefits are lower development costs and a faster time-to-market for new…
