To Handle Increased Stress, Build Your Resilience

To Handle Increased Stress, Build Your Resilience

Wherever you live or work, stress is on the rise. According to the International Labour Organization, workers in developed and developing countries are facing increasing strain at work. The onslaught of mounting stressors include global challenges, such as climate change, terrorism, and political turmoil – as well as personal and professional challenges, such as illnesses, job changes,…

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 —…

Global supply chains are still a source of strength, not weakness

Global supply chains are still a source of strength, not weakness

Resilience comes not from autarky but from diverse sources of supply For the best part of a week, the Suez canal was blocked by a 200,000-tonne metaphor. The Ever Given is not just one of the world’s biggest container ships, it is also the emblem of a backlash that accuses globalisation of going too far….

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…

One Way to Build More Resilient Medical Supply Chains in the U.S

One Way to Build More Resilient Medical Supply Chains in the U.S

Summary.   When shortages of PPE and other medical supplies hit in the early months of the pandemic, tens of thousands of domestic producers — from individual to large companies in other industries — sprang into action and made a huge difference. They should not be forgotten after the pandemic is over. Health care organizations should factor them…

How great supply-chain organizations work

How great supply-chain organizations work

When redesigning a supply-chain organization, it’s intuitive to look to successful companies’ design choices. But our research finds that other factors correlate better to bottom-line performance. How do decisions about the design of supply-chain organizations affect the overall performance of a business? We recently analyzed the supply-chain organizations of more than 50 companies in a…